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According to the Code, persons or organizations possessing known or contingent
rights, claims, judgments, or causes of action against debtors are considered creditors
in Chapter 7 bankruptcy cases. Any person or organization that may potentially allege
liability should be considered as a creditors in Chapter 7. Even
those claims and potential liability that are considered remote, and
unlikely to be asserted should be included. All claims appearing on the
Chapter 7 creditor form, schedule H will be discharged unless a valid
objection is sustained. Debtor's may include even the remotest
possibility of liability, and remove all doubt when the claim is
eliminated tat the final discharge hearing.
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