If you are considering bankruptcy and performed any of your own research, you may have come across the term “discharge.” The follow paragraph will help you better understand that term.

The filing of a Chapter 7 petition is designed to result in a discharge of most of the debts you listed in your bankruptcy. A discharge is a court order that simply says you do not have to repay your debts; however, there are some exceptions. Debts which may not be discharged case include most taxes, child support, maintenance, student loans, court-ordered fines and restitution, debts obtained through fraud, and personal injury debts caused by impaired driving.

Your discharge may be denied entirely if you destroy or conceal property or records, or take a false oath. Creditors cannot ask you to pay debts that have been discharged, and you may receive a Chapter 7 discharge once every 8-years.

Contact my office for your FREE ½ hour consultation; we will discuss whether filing for bankruptcy is the right decision for you.

Attorney Jennifer L. Ryczek

Please note: This information is not, nor is it intended to be, legal advice. You should always consult an attorney for individual advice regarding your own situation. We are a debt relief agency. Among other services, we help people file for bankruptcy relief under the bankruptcy code.

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