{"iri":"https://folio.openlegalstandard.org/RBnSXvwm8EPPRhNuxQD8avo","label":"Debt Repayment Plan Bankruptcy","sub_class_of":["https://folio.openlegalstandard.org/R7LI3BONqNkXbKHKa0t3jyI"],"parent_class_of":["https://folio.openlegalstandard.org/R9ABG3dfhVDQUvRmg24IImI"],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{"fr-fr":"Plan de remboursement de la dette Faillite","pt-br":"Plano de pagamento de dívidas Falência","de-de":"Schuldenrückzahlungsplan Insolvenz","zh-cn":"债务偿还计划 破产","ja-jp":"債務返済計画 破産"},"hidden_label":null,"definition":"Debt Repayment Plan Bankruptcy allows individuals with a regular income to develop a plan to repay all or part of their debts over a period of time. This form of bankruptcy can provide the debtor with an opportunity to save their home from foreclosure, reschedule secured debts, and consolidate their obligations into a single payment plan overseen by a bankruptcy trustee.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}