Examlex
Briefly explain what is meant by the term "externality" and how it occurs.
Creditors
Individuals or entities that lend money or extend credit to others.
Chapter 13
A type of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts.
Payment Plan
An agreement to pay off a debt over a set period of time in scheduled installments.
Debtors
Individuals or entities that owe money to others.
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