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Cosa (chi) è bankrupt$6831$ - definizione
THE INJUNCTION THAT BARS ACTS TO ENFORCE CERTAIN DEBTS
Discharge in bankruptcy; Discharge of bankruptcy; Discharge bankrupt; Discharged bankrupt
Bankrupt (band)
HUNGARIAN PUNK ROCK BAND FROM BUDAPEST
Shorter Than Danny DeVito
Bankrupt is a Hungarian punk rock band from Budapest, Hungary. They are one of the best-known Hungarian bands outside Hungary in their genre, having received coverage in UK, US, and Canadian online magazines.
Bankruptcy discharge
A discharge in United States bankruptcy law, when referring to a debtor's discharge, is a statutory injunction against the commencement or continuation of an action (or the employment of process, or an act) to collect, recover or offset a debt as a personal liability of the debtor. The discharge is one of the primary benefits afforded by relief under the Bankruptcy Code and is essential to the "fresh start" of debtors following bankruptcy that is a central principle under federal bankruptcy law.
discharge in bankruptcy
n. an order given by the bankruptcy judge, at the conclusion of all legal steps in processing a bankrupt person's assets and debts, which forgives those remaining debts which cannot be paid, with certain exceptions. Debts for fraudulent or illegal actions, alimony and child support and taxes are not dischargeable and remain owed (but often not collectible if the bankrupt person has nothing). A discharge in bankruptcy is bad news for unsecured creditors.
See also: bankruptcy
