Release from the primary obligation for a debt may be achieved by replacement by another debt:

Name: Release from the primary obligation for a debt may be achieved by replacement by another debt:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. When a debt is replaced by another debt, the original debtor is released from their primary obligation to pay the original debt. However, this new debt must also meet the same legal requirements and terms as the original debt to fully release the debtor from their obligation.

Release from the Primary Obligation for a Debt May Be