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Event Brief

Are all debts forgiven after seven years?

Many borrowers believe debt disappears after seven years, but the reality is typically far more complicated.
WHO: Borrowers
WHAT: Debt forgiveness misconceptions
WHEN: Nov 9, 2025 at 7:00 PM ET
WHERE: United States
WHY: To clarify misconceptions about debt forgiveness timelines
Sources (1): CBS News

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