Bankruptcy law provides for the development of a plan that allows a debtor, who is unable to pay his creditors, to resolve his debts through the division of his assets among his creditors...
A discharge in United States bankruptcy law, when referring to a debtor's
discharge, is a ... A discharge of debts is granted to debtors but can be denied or
revoked by the court based on certai...
(To learn which debts cannot be discharged in Chapter 7 bankruptcy, see What
Bankruptcy Can and Cannot Do). While credit card debt is one of the most ...
Student loans can be discharged in bankruptcy only if you can show that
repaying the loan would cause you "undue hardship," a very tough standard to
Any debt you have before you file for bankruptcy will go away (get wiped out) as
long as it's dischargeable. But, after you file—even while the bankruptcy case is ...
Find out which debts can be cancelled in Chapter 7 bankruptcy.
Unless there is litigation involving objections to the discharge, the debtor will
usually automatically receive a discharge. The Federal Rules of Bankruptcy ...
If you file for bankruptcy under Chapter 7, you should be aware that not all debts
are eliminated (or discharged) once the bankruptcy process is complete.
Find out which debts will be wiped out -- and which you'll still owe -- in your
Aug 11, 2015 ... You may be able to get credit card debt and medical bills discharged but filing
bankruptcy does have some debt exclusions, here's what bills ...