what is a bankruptcy discharge and how does it work?

what is a bankruptcy discharge and how does it work? A bankruptcy discharge is a court order that releases a debtor from personal liability for certain types of debts. This means that the debtor is no longer legally obligated to pay those debts. Once a discharge is granted, the debtor will no longer be hounded … Read more

A Small Glossary of Bankruptcy

Financial Restructuring Terminology: A small Glossary of Bankruptcy As individuals and organizations negotiate the complicated process of filing for bankruptcy, they may encounter a number of unfamiliar terms and phrases, that’s why we hope a glossary of bankruptcy will be helpful. This article aims to give a complete vocabulary of bankruptcy-related terms to assist readers … Read more