What does bankruptcy discharge mean?
For anyone who is filing bankruptcy, the discharge document is the ultimate “prize” that the person could want to attain. When your bankruptcy petition has been discharged in the court of law, the creditors you have listed in the petition can no longer take legal actions against you to recoup the debt.
Can I get a bankruptcy discharge?
Under regular situation, you will most likely receive the bankruptcy discharge, unless the court system can justify the suspicion of fraud being conducted. Bankruptcy is not an easy process and you should not take it lightly. It is even harder to file bankruptcy because of the new bankruptcy law that has been passed in 2005. Even with all these obstacles, most people who has filed for bankruptcy, almost all of them will receive a bankruptcy discharge.
Who can issue the bankruptcy discharge?
A bankruptcy judge is assigned to each bankruptcy case that has been submitted into the bankruptcy court. The job of the bankruptcy judge is to ascertain the final outcome of the bankruptcy case. Bankruptcy case is unlike any other law cases. Bankruptcy case is not conducted in front of the bankruptcy judge. The bankruptcy judge’s responsibility is to use the documents gathered throughout the entire bankruptcy process and decide if the bankruptcy case should be dismissed or discharged. Even though the trustee can make recommendation to the bankruptcy judge to deny you the discharge ruling, the judge has the final say in this affair.
