Debt Settlement
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 An Overview of Bankruptcy
    Chapter 7
    Chapter 11
    Chapter 13
    Chapter 20
    Bankruptcy proceedings
    Discharge
    Bankruptcy FAQ
 Detail Explanations
    Disadvantages
    Dischargeable Debt
    Non-Dischargeable Debt
    Taxes
    Bankruptcy Basics
    Student Loan
Discharge
A discharge voids any judgment on a discharged debt and prohibits any action to collect a discharged debt. A co-debtor's liability is not affected.
  1. The Debtor Files a Petition with the Court
    Claims for back taxes, amounts borrowed to pay back taxes, goods obtained by fraud, debts that were not listed in the petition, alimony, child support, student loans, certain cash advances, and others.

  2. Objections-Debtors Who May Not Receive a Discharge
    Those who conceal property with the intent to hinder, delay, or defraud a creditor; who fail to explain a loss of assets; or who have been granted a discharge within six years of the filing of the petitions.

  3. Revocation of Discharge
    A discharge may be revoked within one year if the debtor was fraudulent or dishonest during the bankruptcy proceedings.