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What standard,developed by credit card companies,represents a security framework based on numerous control objectives?
Chapter 13
A type of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts.
Payment Plan
An agreement to pay off a debt over a set period of time in scheduled installments.
Debtors
Individuals or entities that owe money to others.
Qualified Debtor
An individual or entity that meets specified criteria set by a lending institution to be eligible for borrowing or entering into debt agreements.
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