Bankruptcy discharge refers to the legal process that absolves a debtor from the responsibility of paying certain debts, providing them with a fresh financial start. The exact process varies depending ...
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What Debts Are Discharged in Chapter 7 Bankruptcy?
What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...
Bankruptcy discharge of student loans is very difficult, but not impossible, and requires demonstrating undue hardship in an adversarial proceeding. Exceptions exist, such as the possibility of ...
One of the key aims of the bankruptcy process is affording debtors a "fresh start" by granting them a discharge of their debts, However, the Bankruptcy Code has excepted certain debts that are ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Many people believe they will walk away ...
Bankruptcy was on the rise in 2025, although not even close to half as many who filed in 2005, when 2,078,415 went for Chapters 7, 11, 13 or other cases. Oklahoma's number in 2020 was 39,431. In 2025, ...
The U.S. Court of Appeals for the Ninth Circuit has found that debts relating to a securities law violation could be discharged in a Chapter 7 bankruptcy proceeding if the debtor himself was not ...
In Benshot, LLC v. 2 Monkey Trading, LLC et al., No. 23-12342, 2025 U.S. App. LEXIS 16936 (11th Cir. July 9, 2025), the U.S. Court of Appeals for the Eleventh Circuit addressed a difficult statutory ...
A newly minted lawyer is bringing suit over debt incurred to prepare for her bar exams. Boca Raton attorney Verhonda Williams said she struggled to find work after graduating law school in 2011 and ...
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