Debt Repayment Plan Bankruptcy
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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.
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Additional Information
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Description
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Identifier
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Deprecated
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Source and Origin
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