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The Most Effective Type of Coping Has Been Found to Be

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The most effective type of coping has been found to be


Definitions:

Means Test

A method for determining eligibility for certain types of financial assistance based on the individual's income and assets.

Median Income

The middle value of income in a given population, wherein half of the population earns more and half earns less.

Chapter 7 Bankruptcy

A provision of bankruptcy law that allows individuals and businesses to discharge their debts by liquidating assets, providing a fresh start.

Liquidation Bankruptcy

A type of bankruptcy proceedings where a debtor's assets are sold off to pay creditors, primarily under Chapter 7 of the Bankruptcy Code.

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