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What does Discharge Bankruptcy mean?

Updated: 4/15/2022
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8y ago

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I Have just been discharged from bankruptcy, does this legally mean that my possisions can not be touched and I am not liable anymore for the debt. I wont to know if my house is now safe ?

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Norberto Hirthe

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2y ago
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Q: What does Discharge Bankruptcy mean?
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Related questions

What does it mean if someone asks if your bankruptcy is closed?

Normally when someone inquires if your bankruptcy is closed they are referring to has it been "discharged" When a judge presiding over the bankruptcy of a debtor and approves it. The approval constitutes a discharge of those debts and is thus "closed" On the other hand if the bankruptcy is not approved then the bankruptcy is "dissmissed" But in your case a closure constitutes a discharge.


Where can you get your bankruptcy discharge paper?

In most cases it will be sent to you by the bankruptcy court. If you need another copy or have not received your discharge papers when you believe you should have then contact the bankruptcy court to obtain them.


After Chapter 7 bankruptcy has been Discharge can buy a home?

After Chapter 7 bankruptcy has been Discharge can buy a home


Can you fiance a house after bankruptcy?

Yes, 3 years after discharge of the Bankruptcy.


In bankruptcy what is the difference between release forms and discharge forms?

what is the difference between release forms and discharge forms in bankruptcy law..


What is the law for the time limit given for discharge on chapter 7 bankruptcy?

What is the law for the time limit given for discharge on chapter 7 bankruptcy?


Can bankruptcy discharge legal fines or penalties?

No, it does not discharge legal fines and/or penalties.


What is the term used when a bankruptcy is over?

Discharge


How soon will a bankruptcy discharge show on a credit report?

The bankruptcy itself will show up on reports very soon after it is FILED. The discharge itself is not reported, just the public record of the bankruptcy itself.


Can you hold your passport after you get declared bankruptcy?

A bankruptcy filing or discharge in bankruptcy should not have any effect on your US passport.


Can you discharge your car in bankruptcy?

You can't discharge a car or any other asset. You can only discharge a debt (money owed).


Are people denied Bankruptcy discharge?

yeah daa