What is DISCHARGE IN BANKRUPTCY?

the bankrupt is released from his debts after the creditors have been paid from his remaining assets.

More On This Topic
  1. How Does a Person Declare Bankruptcy Overseas?
  2. If I Owe Money to a Company that is Going Bankrupt, Do I Still Have to Pay Them?
  3. Best Way to File for Bankruptcy in California
  4. Can a Consent Judgment be Wiped Out in Bankruptcy?
  5. What Happens If My OTC Stock Goes Bankrupt?
  6. Does Filing Bankruptcy Release You From a Small Claims Judgment?
  7. Can you still use a VA mortgage loan if you have filed a bankruptcy and foreclosed one in the past?
  8. What happens if I get a raise at work during a bankruptcy?
  9. What happens when a condominium complex goes bankrupt?
  10. Can I File a Civil Suit Against Someone Who Filed Bankruptcy

Related Legal Terms
ORDER OF DISCHARGE, DISCHARGE OF JURY, BANKRUPTCY, COMPOSITION IN BANKRUPTCY, DISCHARGE OF PATIENT, BILATERAL DISCHARGE, LAWFUL DISCHARGE, PROCEEDINGS IN BANKRUPTCY, BANKRUPTCY PETITION, BANKRUPTCY LAWS


Link to This Definition
Did you find this definition of DISCHARGE IN BANKRUPTCY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary