What is a discharge in bankruptcy?
A discharge in bankruptcy is a legal order that releases an individual from certain debts and makes it illegal for creditors to take action against them. This order applies to some but not all debts. In Washington, a debtor may receive a discharge in a Chapter 7 or Chapter 13 bankruptcy if they meet the qualifications under the US Bankruptcy Code. A discharge in bankruptcy is a type of relief that debtors seek when they are struggling with debt. It takes away the obligation to pay the debt, meaning the debtor is no longer responsible for the repayment of a debt. This means the debtor no longer has to make payments and creditors can no longer contact them. The process of obtaining a discharge in bankruptcy can be complex. Debtors must provide the court with a valid explanation of why they are not able to repay a debt. The court will review the information provided and decide whether or not a discharge in bankruptcy is appropriate. It is important to note that some debts are not eligible for discharge in bankruptcy. These include debts related to student loans, alimony, child support, taxes, and any type of criminal fine or restitution. Also, if a creditor objects to the discharge, the debtor may be required to participate in a hearing. While a discharge in bankruptcy can offer relief from debt, it is important that debtors consider all options before filing for this type of relief. It is recommended to seek advice from a bankruptcy attorney to ensure that all requirements are met and the process is properly followed.
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