dischargeable debt

Definition of "dischargeable debt"
  1. A debt that the Bankruptcy Code permits to be cleared, relieving the borrower's obligation to repay
How to use "dischargeable debt" in a sentence
  1. When filing for bankruptcy, he found that his credit card bill was a dischargeable debt.
  2. Student loans are usually not considered as dischargeable debts.
  3. Her medical bills were deemed as dischargeable debt after she filed for bankruptcy.
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