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What is another word for dischargeable debts?

Pronunciation: [dɪst͡ʃˈɑːd͡ʒəbə͡l dˈɛts] (IPA)

Dischargeable debts refer to financial obligations that can be legally eliminated or forgiven by a court decision. While dischargeable debts can provide a much-needed relief for individuals struggling with financial burdens, it's crucial to understand alternative terms associated with this concept. Synonyms for "dischargeable debts" include "forgivable debts", denoting loan or credit obligations that can be cancelled entirely. Moreover, another similar term is "exempt debts", which refers to financial liabilities that are protected or shielded from being collected by creditors. Familiarizing yourself with these synonyms for dischargeable debts can aid in comprehending and navigating the complex landscape of personal finance and debtor rights.
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What are the opposite words for dischargeable debts?

The opposite of the term dischargeable debts is non-dischargeable debts. These are the debts that cannot be eliminated through a bankruptcy filing. Non-dischargeable debts include taxes owed to the government, student loans, alimony, child support, fines, penalties, and debts for personal injuries or death caused by a drunk driver. While dischargeable debts can be erased by bankruptcy, non-dischargeable debts remain payable even after a bankruptcy case is closed. It is important to understand which debts are non-dischargeable, as they can affect the financial situation of an individual or business even after filing for bankruptcy.

What are the antonyms for Dischargeable debts?

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