3 ms·
> student debt non-dischargeable in bankruptcy. Debt bondage, also known as debt slavery, bonded labour, or peonage, is the pledge of a person's services as se
by ClumsyPilot 3y ago
> student debt non-dischargeable in bankruptcy.
Debt bondage, also known as debt slavery, bonded labour, or peonage, is the pledge of a person's services as security for the repayment for a debt or other obligation. Where the terms of the repayment are not clearly or reasonably stated, or where the debt is excessively large the person who holds the debt has thus some control over the laborer, whose freedom depends on the undefined or excessive debt repayment.