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What is best for an organization's current business could ruin it in the long term.
Chapter 13
A bankruptcy code provision allowing individuals with a regular income to develop a plan to repay all or part of their debts under court supervision.
Future Income
Expected earnings or revenue of an individual or entity in coming periods.
Full Payment
The complete settlement of an amount due, whether it be a debt, service fee, or purchase price.
Discharge
The act of fulfilling or settling an obligation or debt.
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