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Bankruptcy Discharge

Posted by attorney Dwayne Farnsworth

The reason debtors file a bankruptcy proceeding is because they desire the protection of the bankruptcy discharge that will be issued by the federal bankruptcy judge at the close of successful bankruptcy case. A bankruptcy discharge precludes creditors from attempting to collect on a debt was forgiven, erased, or discharged by the court. It is a very powerful order that carries with it some significant penalties for it’s violation by creditors that attempt to collect a debt that was discharged by the bankruptcy proceedings. The Bankruptcy discharge is the ultimate goal of a bankruptcy proceeding.

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