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Discharge of Bankruptcy |
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Discharge of bankruptcy The termination of bankruptcy proceedings, resulting in cancellation of the debtor's obligations. Discharge of Bankruptcy The act of a bankruptcy court forgiving the debt of the person or company that has filed for bankruptcy. A discharge of bankruptcy means that the creditors have received as much as they are going to receive and that they no longer have the right to attempt to collect on debts. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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