What is a Bankruptcy Discharge
When you file an Assignment in Bankruptcy, you are placed under the protection of the court so that none of your creditors can take any action (legal or otherwise) to collect the debt owing to them. This protection of you lasts as long as you are in the bankruptcy period. During this period, you are known as an undischarged bankrupt. Like anything else in life, there has to be an end to your bankruptcy. The end of the bankruptcy process is called a discharge from bankruptcy. The date of your discharge from bankruptcy is the date on which you are released from all “claims provable in bankruptcy.”
The debts that are not discharged during your bankruptcy include child and spousal support, fines or penalties imposed by a court (including restitutional orders), debts obtained by fraud, student loans, etc. Your trustee will review your debts in detail to determine if all or part of your debts will survive bankruptcy.
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