Cool What Is Bankruptcy Discharge Ideas
Cool What Is Bankruptcy Discharge Ideas . Your personal liability is at an end, your obligation to pay canceled. Web a bankruptcy discharge is an order from the bankruptcy court that says you’re no longer responsible for paying certain debts. How Does a Discharge of Bankruptcy Affect My Credit? Lexington Law from www.lexingtonlaw.com In other words, it's a legal process that eliminates the debtor's liability to pay certain types of debts they owe before filing the bankruptcy case. Creditors can no longer attempt to collect on discharged debts, although they can still seize property that’s been. Creditors are not permitted to contact or pursue debtors for an outstanding debt after it has been discharged.