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Mrs.Swift is alarmed by her own intrusive and irrational thoughts that her house is contaminated by germs.Her experience best illustrates the agitating effects of
Dischargeable Debts
Debts that can be eliminated through bankruptcy proceedings, releasing the debtor from further obligation.
Bankruptcy Code
A federal code consisting of statutes governing the process of legal insolvency in the United States, designed to resolve cases of individuals or entities that can no longer meet their financial obligations.
Liquidation
The process of converting assets into cash, often associated with dissolving a business and distributing its assets to claimants.
Homestead Cap
The homestead cap is a legal provision that limits the annual increase in valuation of a homestead property for property tax purposes.
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