Indebtedness arising from the attorney’s obligation to reimburse the State Bar for the payments made to victims of his misconduct is dischargeable in bankruptcy. Such an indebtedness is not a penalty, fine or forfeiture payable to a governmental agency, but rather is payable to and for the benefit of the State Bar and is compensation for the Fund’s actual pecuniary loss in compensating the victims for their actual pecuniary losses. However, costs payable to the State Bar for expenses it incurred in prosecuting disciplinary proceedings are exempted from discharge by 11 UC 523(a)(7).