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Bankruptcy Proceeding
A court procedure that allows people or entities that cannot pay their debts to get partial or total debt relief.
Discharged
The status of a debt having been paid or otherwise settled, or the termination of a legal duty or obligation.
Chapter 13
A part of U.S. bankruptcy law that allows individuals to undergo a financial reorganization supervised by the court.
Student Loans
Financial aid provided to students to help pay for education expenses, typically requiring repayment with interest after graduation or upon leaving school.
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