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Order Effects Research Indicates That the Sequence in Which Information

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Order effects research indicates that the sequence in which information is presented can influence subsequent judgments based on that information.

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Definitions:

Discharge Order

An order issued by a bankruptcy court that releases a debtor from personal liability for certain specified types of debts.

Creditor Actions

Steps or legal measures taken by creditors to collect debts owed to them by borrowers or defaulting parties.

Creditors' Meeting

A gathering of creditors in bankruptcy proceedings where they can participate in decisions regarding the debtor's insolvency process.

Chapter 7 Proceeding

A legal process under the Bankruptcy Code involving the liquidation of an individual's or entity's assets to pay off creditors.

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