Discharge of Debtor

Bankruptcy Discharge Order - A bankruptcy discharge order is a court-issued order that releases a debtor from personal liability for certain debts, preventing creditors from taking further collection actions. It signifies the conclusion of a bankruptcy case and provides the debtor with a fresh financial start, although certain debts may not be discharged, such as certain taxes, student loans, or child support obligations

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RsRtyiHal5LpCp4JZhZyCD
Label (rdfs): Bankruptcy Discharge Order
Preferred Label: Discharge of Debtor
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Definition and Examples

Definition: A bankruptcy discharge order is a court-issued order that releases a debtor from personal liability for certain debts, preventing creditors from taking further collection actions. It signifies the conclusion of a bankruptcy case and provides the debtor with a fresh financial start, although certain debts may not be discharged, such as certain taxes, student loans, or child support obligations
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Class Relationships

Sub Class Of: Bankruptcy and Restructuring Document
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Additional Information

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Deprecated: False

Metadata

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