Yes, if a debt is discharged the debtor no longer has to pay.
Even if you discharge a tax debt in a bankruptcy (which can be done in limited circumstances), the lien associated with that debt is not released by bankruptcy proceedings. The result is that you may come out of bankruptcy with no tax liability, but there may still be a lien on your property. That lien attaches to any equity in your assets that existed prior to the bankruptcy and was exempted in the bankruptcy. For example, if you owned your house and filed bankruptcy with $20,000 of equity in your home, you may have been able to exempt that equity in the bankruptcy through a homestead exemption (so that you could keep your home). If that happened, after your bankruptcy was discharged the IRS would still have a lien against you that attaches to that $20,000 of equity (but not to any equity that accrues after the bankruptcy filing).
His Obligation - 1915 was released on: USA: 14 June 1915
The words DO sound similar in meaning, however: "Released" indicates that the inmate was let out on some kind of parole, his sentence is still unfulfilled, and he is still technically subject to the custody and control of the court or prison system until the expiration or completion of that parole, at which time the inmate is free and clear. "Discharged" implies that the inmate was let out after completely serving his term of imprisonment, satisfied his entire sentence, and is discharged from the custody and control fo the court and/or prison system.
10 years. If you are interested in buying a home you have to wait at least 24 months from the date it was released/discharged in order to qualify for a home loan. So, though it takes 10 years for a bankruptcy to be removed from your credit profile you can qualify for a home loan in as little as 2 years from the Date of Release or Date of Discharge.
Contractual Obligation - 2009 was released on: USA: 6 February 2009 (DVD premiere)
The Bankruptcy of Boggs and Schultz - 1916 was released on: USA: 3 May 1916
Ante Usted - 2008 Bankruptcy was released on: USA: 18 January 2012
Freeing. Unencumbering, as to be released of an obligation.
Urban Bankruptcy - 2005 was released on: USA: 12 June 2005 (Waterfront Film Festival)
I don't really understand your term "frozen pension." Was it not exempt from the bankruptcy proceedings? Or was it held until a ruling was made and then released when the bankruptcy was discharged?
It means "released from duty".
Honourable Discharge - 2012 was released on: USA: April 2012 Australia: September 2012