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The effect of a discharge in bankruptcy is to release the debtor from personal liability for most types of debts. This means that the debtor is no longer legally obligated to repay the discharged debts and creditors are prohibited from taking any further collection actions against the debtor. However, certain types of debts, such as student loans and child support obligations, may not be dischargeable.
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∙ 15y agoA discharge is the term for resolution and means that the debts mentoned are legally no longer due.
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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.
How does bankruptcy effect child support in California?
Won't. Child support is exempt from 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.
Are people denied Bankruptcy discharge?
yeah daa
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).
