What Is a Bankruptcy Discharge? A bankruptcy discharge is a legal order that releases a debtor from the personal liability of certain types of debts. If your bankruptcy has been discharged, it means ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The term "discharged" refers to the elimination of a debtor's obligation to pay certain types of debts. Bankruptcy offers an avenue for individuals and businesses to manage overwhelming debt. It's a ...

Facing overwhelming debt? Learn how bankruptcy works and whether it could be right for you. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...