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Bankruptcy

: The Debt Podcast

What Is A Discharge?

The goal of most bankruptcies is to obtain a ?discharge.?  But what is that?  In broad terms, a discharge is relief from your obligation to pay that debt.  The debt goes away, and you need no longer worry about it.  Thus, in a typical chapter 7 bankruptcy, when you are done, you will have discharged all [...]

Full post as published by The Debt Podcast on March 23, 2008 (boomark / email).

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