Close X

All About Solutions To Your Debt.

What does "Discharge" mean in Bankruptcy?

Posted by Darren DiMarco | Apr 13, 2023 | 0 Comments

In bankruptcy, discharge is a legal term that refers to a court order that releases a debtor from personal liability for certain types of debts. This means that the debtor is no longer legally required to pay these debts, and creditors are prohibited from taking any further action to collect them.

The discharge is a powerful tool that can help people who are struggling with debt to get back on their feet. It can provide much-needed relief from the stress and anxiety of debt, and it can give people a fresh start.

However, it's important to note that not all debts are dischargeable in bankruptcy. Some debts, such as debts that are domestic support obligations (e.g., child support, alimony), debts for most taxes (with exceptions), and debts for most student loans are not eligible for discharge. Additionally, the discharge can be denied if the debtor is found to have committed certain types of fraud or abuse.

If you're considering filing for bankruptcy, it's important to speak with an attorney to discuss your options and to determine if bankruptcy is the right choice for you.

The experienced bankruptcy attorneys at DiMarco Warshaw, APLC can determine your options and your best solution to eliminate your debt.  Andy Warshaw is certified by the State Bar of California as a Specialist in Bankruptcy Law.  Attorney Darren DiMarco has over 20 years of experience resolving debt related matters, especially for business owners and homeowners.

To speak to an attorney with your best interests in mind, schedule a free evaluation here https://calendly.com/dimarcowarshaw/20min or call us directly at 888-890-5474.

About the Author

Darren DiMarco

Attorney Darren DiMarco helps individuals maintain peace in their life during their financial challenges. An attorney since 1996, Darren DiMarco is also a California Real Estate Broker with over 30 years of experience in the mortgage lending industry. State Bar of CA #184816.CA Dept of Real Est...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Need a personalized solution?

Call for a free phone consultation, or schedule online today!

888-890-5474

Take Your First Step Now…

because you’ll feel so much better after you do

Laguna Niguel, CA
28202 Cabot Rd, Ste. 300
Laguna Niguel, CA 92677
888-890-5474
Tustin, CA
2522 Chambers Rd, Ste. V309
Tustin, CA 92780
888-890-5474
6 more locations