All about bankruptcy discharges:

During the 12-month period that ended September 30, 2018, more than 760,000 Americans filed for bankruptcy under Chapter 7 or Chapter 13 of the U.S. Bankruptcy Code. These Americans were facing seemingly insurmountable debts, but the bankruptcy process offered them a way out. The way bankruptcy does so is through the discharge, a court order that terminates a debtor’s liability for most types of unsecured debts. But, although the discharge is such an important part of bankruptcy—and is the main reason most individuals who file for bankruptcy do so—it’s an aspect of the bankruptcy process that is not always well-understood by the general public. Consequently, we have prepared this post to provide a brief overview of the bankruptcy discharge. If you are considering bankruptcy or would like more information about how it and the bankruptcy discharge work to give you a fresh start, contact an experienced bankruptcy lawyer today. …

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