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Chapter 7
A section of the United States Bankruptcy Code that provides for the liquidation of a debtor's non-exempt assets to pay off creditors.
Bankruptcy Code
A collection of laws and regulations that govern the process of bankruptcy in the United States, providing a legal framework for resolving insolvency.
Discriminate
To treat someone differently or less favorably because of their race, gender, age, or other characteristic.
Insolvent
The condition of being unable to pay debts as they fall due, or having liabilities that exceed the value of assets.
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