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Define the following:instrumentation
Reaffirmation Agreements
Legal documents in bankruptcy proceedings where a debtor agrees to repay a particular debt, notwithstanding bankruptcy discharge.
Rescind
To cancel, revoke, or repeal a contract, agreement, or offer.
Unsecured Creditors
Creditors who have extended credit without requiring collateral, making their claims less secure in the event of a borrower's bankruptcy.
Bankruptcy Estate
All legal or equitable interests of the debtor in property, both tangible and intangible, at the time of the bankruptcy filing.
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