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Debt cancellation is a financial strategy that has garnered significant attention in recent years. It refers to the process where all or part of a debtor's obligation is forgiven by the lender. This concept can have profound implications for individuals, businesses, and entire economies. Understanding the nuances of debt cancellation can offer insights into its potential benefits and drawbacks, as well as its broader implications for financial stability and economic policy. What is Debt Cancellation?Debt cancellation occurs sovraind... more