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Dischargeable debt

Law Discharge of a contractDisclaim

Dischargeable Debts Debts that can be wiped out in bankruptcy, such as credit card debts, medical bills, and back rent. Compare: nondischargeable debts
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Dischargeable Debts
"The debts which are erasable by the bankruptcy process. Most debts which are incurred prior to bankruptcy, such as credit card bills, back rent and medical bills qualify for discharge.
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dischargeable debt A debt for which the Bankruptcy Code allows the debtor's personal liability to be eliminated.

non-dischargeable debts - Debts that will not be voided by the law of bankruptcy.

2 : to agree to the payment of (a dischargeable debt) with a creditor prior to the discharge of debts in bankruptcy <~ed her debt in order to keep her car>
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See also: Discharge, Bankrupt, Credit, Bankruptcy, Order

Law Discharge of a contractDisclaim

 
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