In a chapter 7 it is a total liquidation BK, that has been found valid and has been approved. Therefore the debtor(s) are discharged from the debt(s) that were included in the BK. A discharged BK is not the same as a closed BK. If it is a chapter 13, it indicates that the debtor(s) have fulfilled their obligation of repaying the amount to creditors that was ordered in the BK. After the trustee's audit a chapter 13 is considered closed
Yes, discharged debts are generally noted as "included in bankruptcy" on a CR.
Bankruptcy does not get discharged. Debts are discharged. The bankruptcy will remain on your credit report for 10 years from the date of filing. The debts that were discharged can remain for 7 years from the date of discharge, showing a zero balance and that they were discharged in bankruptcy.
Your bankruptcy case has been completed and it is now finished! discharged!
A bankruptcy is not discharged. Debts are discharged. Real estate taxes are a lien on the real estate and would not usually be discharged. Talk to your bankruptcy layer.
Yes, you can buy a car and have it financed before bankruptcy is discharged.
No. This is clearly stated in the bankruptcy rules.
No. The lawyer does.
NO - child support is not discharged in bankruptcy.
A bankruptcy is not discharged. Debts are discharged. An adversarial action can be filed if the case has not been closed, or if closed, reopened.
Not if the debt was discharged in the bankruptcy. If the judgment was on the credit report before the bankruptcy was filed and/or was discharged in the bankruptcy, the entry will still remain on the CR for seven years.
Debt discharged -- you no longer owe that money to that person.
Whether your car loan is discharged by a bankruptcy or not will depend on your state and the equity in your car. Whether the loan will be discharged or not is called an "exemption".
Yes if there was a lien on it. If your bankruptcy was discharged, it simply discharged the debt, not the collateral.
If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.
Only if the bankruptcy is currently discharged.
Call the attorney or company that handled your bankruptcy.
If the bankruptcy is discharged you are no longer responsible for the debt.
Child support is not discharged in bankruptcy.
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No, only unsecured debt is discharged.
Not if the debts were actually discharged in the bankruptcy. In regards to the cost of the bankruptcy if the couple were still legally married then that too is not recoverable.
The debt should be identified as being in bankruptcy or discharged in bankruptcy. It will remain on the list for 7 years. The bankruptcy will remain on the report for 10 years.
No, child support arrears cannot be discharged in bankruptcy.