What Happens When I Receive My Discharge?
Posted By
Majed on Jul 22, 2011 7:00am PDT
A debtor's ultimate goal and whole purpose of filing Chapter 7 is to receive a discharge. A discharge is the action that marks the end of a debtor's legal obligation to a creditor for a debt. Once the bankruptcy judge orders a discharge several things are supposed to happen.
Firstly, creditors will have been made aware that a discharge was obtained and that a debtor is no longer on the hook for discharged debt. Secondly, if they haven't already, all attempts at debt collections for items discharged in a bankruptcy proceeding must cease. Another action that takes place after a discharge is that creditors must stop reporting delinquent or other adversarial items to the major credit bureaus.