Why is a Bankruptcy Discharge Important?
Posted By
Majed on Apr 6, 2011 6:18am PDT
A bankruptcy discharge is important because the whole process of filing for Chapter 7 or 13 culminates in a successful discharge. A discharge is the step in bankruptcy that officially clears a debtor from any legal obligation to a debt included. This means that you are no longer legally obligated to pay a debt to a creditor that is included in the discharge. This step is crucial and is the whole point of filing bankruptcy to begin with.
Your bankruptcy means nothing without a successful discharge. The Fears | Nachawati Law Firm is experienced in obtaining discharges for debtors. Trust your bankruptcy to an experienced attorney that is familiar with the bankruptcy process.