Discharge Your Debt
In a bankruptcy ruling, the court discharges your debt, leaving you debt-free.
Bankruptcy is called “debt relief” for good reason: you are relieved of your unsecured debts. When your debts are discharged, you can move on with your life, free of the debts that you were unable to pay. For many people, they wonder if it’s proper to have debts simply go away.
- The people who come to our offices are often torn about what is right. The choice is hard, but it is often a choice between providing for your family or paying all your debts. In reality, you cannot do both.
- If at a later time, if you have the money and want to pay debts that have been discharged, you can.
- Many debts are incurred because of events that could not have been planned for – a downturn in the economy, a catastrophic illness, the loss of a job, a separation or divorce, a death in the family.
- Creditors cooperate with bankruptcy courts because they, too, know it is the best solution to an extremely difficult problem.
- Secured debts cannot be discharged, though they can be restructured so that they are more in line with your ability to pay. If you owe money on your house or car, for example, the debt cannot be discharged leaving you with the house and car.
- Some debts can never be discharged, such as obligations to pay child support, alimony, most student loans, criminal fines and court-ordered restitution.
Call 1-877-ONE-DEBT and learn about discharged debt and the relief bankruptcy provides.
Talk to an experienced bankruptcy attorney about your obligations and discharged debt. Our lawyers have worked with concerned people like you for more than 20 years. We can answer your questions in a FREE initial consultation.