What is the definition of a discharged bankruptcy?

Answer Although never good financial planning and generally advised against, you can eliminate or reduce debt by filing for bankruptcy. However, not following the bankruptcy laws can remove this option fo... Read More »

Top Q&A For: What is the definition of a discharged bankruptcy

What Does It Mean When a Bankruptcy Is Discharged?

Bankruptcies fall under federal jurisdiction in the United States. There are federal bankruptcy courts in every judicial district across the country. Federal law, the United States Bankruptcy Code,... Read More »

How do I add a loan to a discharged bankruptcy?

Your AttorneyContact the attorney who represented you in your Chapter 7 bankruptcy filing. Explain what the debt is and ask how you can have it discharged post-bankruptcy. That debt may already hav... Read More »

What is discharged under Chapter 11 bankruptcy?

Debts discharged during a bankruptcy proceeding no longer have to be paid. Chapter 11 bankruptcy was designed for businesses, but people with very large debts also might need to file under Chapter ... Read More »

What If You Come Into Money Before Your Bankruptcy Is Discharged?

Obtaining money subsequent to a bankruptcy filing but before your receive your discharge can have various results depending upon the bankruptcy chapter that you chose. The vast majority of individu... Read More »