What is the meaning of a bankruptcy discharge?

A bankruptcy discharge is a court order that releases an individual from most of their debts. In Washington, a debtor can file for bankruptcy under either Chapter 7 or Chapter 13 of the Bankruptcy Code. Once all the requirements and procedures of the bankruptcy have been completed, the individual will receive a discharge of most of their debts. A discharge means that the debtor is no longer liable for most of their debts and the creditors are no longer allowed to attempt to collect on them. In Washington, the discharge includes all dischargeable debts, such as credit card debt, medical bills, and unsecured loans. It will not apply to certain debts such as child support, alimony, and student loan debt. A bankruptcy discharge is a powerful tool to provide debt relief to an individual in financial distress. It gives the debtor a fresh start and can help them get back on track with their finances. It is important to understand that filing for bankruptcy does not erase all of your debts, but it does provide relief from most of them.

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What is the meaning of a bankruptcy discharge?

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