Discharge of bankruptcy

Discharge Of Bankruptcy
Discharge Of Bankruptcy definition :
The termination of bankruptcy proceedings, resulting in cancellation of the debtor's obligations.
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DISCHARGE OF BANKRUPTCY - The termination of bankruptcy proceedings, resulting in cancellation of the d...
DISCHARGE OF CONTRACT - A contract is discharged when the agreement is terminated. Obviously, the most ...

Discharge of Bankruptcy
Order ending bankruptcy proceedings. It usually releases the debtor of any legal liability for specific obligations.

A decrease in book cash but no immediate change in bank cash, generated by checks written by the firm.
Discharge of bankruptcy ...

discharge of bankruptcy This is a court order that terminates bankruptcy proceedings and usually relieves the debtor of his obligation. discharge of lien This is the removal of a lien on real property after the satisfaction of the claim.

See also: Bills, Banks, Distributing syndicate, Discount yield, Disbursement