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Describe the types of bankruptcy. When is bankruptcy a viable option? What should one consider with regard to bankruptcy? What kinds of things can be

Describe the types of bankruptcy.

When is bankruptcy a viable option?

What should one consider with regard to bankruptcy?

What kinds of things can be included in bankruptcy and what are not allowed to be included?

Currently, student loan debt exceeds one-trillion dollars. Should the federal bankruptcy laws be changed to allow for the discharge of federal student loan debt? What are the socio-economic consequences, positive or negative, of your position?

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