A dischargeable debt is a type of debt that can be eliminated under the Bankruptcy Code, meaning the debtor is no longer personally liable to repay it once the bankruptcy court grants a discharge.定义:可解除债务是指在《破产法》中可以被消除的债务,这意味着一旦破产法院批准解除,债务人不再对其...
A dischargeable debt is a type of debt that can be eliminated under the Bankruptcy Code, meaning the debtor is no longer personally liable to repay it once the bankruptcy court grants a discharge.定义:可解除债务是指在《破产法》中可以被消除的债务,这意味着一旦破产法院批准解除,债务人不再对其...
The meaning of DISCHARGE is to relieve of a charge, load, or burden. How to use discharge in a sentence. Synonym Discussion of Discharge.
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Bankruptcy discharge of tax debts What happens to a discharged debt in bankruptcy? When creditors still call after a bankruptcy discharge A bankruptcy discharge is the desired result of a bankruptcy case. It means there's a court order in your bankruptcy case that removes your debts. You no lo...
Debt dischargeable in bankruptcy despite fraudPat Murphy
Nondischargeable debt is a type of debt that cannot be eliminated through a bankruptcy proceeding. Such debts include, but are not limited to, most student loans; most federal, state, and local taxes; money borrowed on a credit card to pay those taxes; and child support and alimony. Key...
A bankruptcy discharge is a court order that releases a debtor from liability for certain types of debts and prohibits creditors from trying to collect them.
We analyze debt discharge in personal bankruptcy { according to which some of the borrower's assets are exempt from liquidation in the event of default { in the context of a competitive credit market characterized by adverse selection. In particular, we study how the level of such exemption ae...
The practical consequence of this analytical murkiness is that some debtors may look to the Bankruptcy Code for relief from unmanageable debt while others may not. Significantly, this arbitrary line-drawing has negative implications for economically and socially disenfranchised communities in which ...