The Bankruptcy Discharge
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The goal of any Bankruptcy filing is to ultimately receive a discharge of debts. This is called the Bankruptcy Discharge.
Dischargeable Debts
- Credit Card Debt
- Medical Bills
- Income Taxes (sometimes)
Non-Dischargeable Debts
- Student Loans
- Child support
- Fines and restitution
Timeline
The discharge is usually singed by the Bankruptcy court about 4 months after your creditors meeting. Once a debt has been discharged, a creditor can no longer come after you for the debt.