The phrase "gat out of hock" means to get out of debt or financial trouble. There are several synonyms for this phrase, including "pay off debts," "settle accounts," "get out of the red," "get out of the hole," and "clear one's debts." These phrases all refer to the idea of resolving financial difficulties and becoming debt-free. Often, individuals or businesses use these phrases to describe the process of paying off credit cards, loans, or other forms of debt. By using these synonyms, people can better communicate their financial situation and goals, whether they are trying to get out of debt or avoid getting into it in the first place.