Bankruptcy Discharge | US Bankruptcy Records


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Bankruptcy Discharge

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There are a lot of things that you have to learn when you decide bankruptcy is in your best interest, including what it means to have a bankruptcy discharge.

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If you’re not clear on the steps and how the process works it is easy to misunderstand where you really stand with your creditors and within the process. Once you have clarity about where you are and what it all means you are more able to proceed with confidence.

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There are all kinds of protections when your claim has reached discharge. This is when you free yourself from the fear of having any collateral or claims seized even if it was originally part of the agreement. A discharge creates a safety net for you.

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The process of filing for bankruptcy is not always an easy one. It isn’t supposed to be easy because the courts want to be sure that you actually can’t pay off the debts. This is different from choosing not to pay off the debts you owe. The lending system wouldn’t work too well if everyone could just file quickly and without much discord along the way.

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