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Most debts are discharged Generally, a discharge removes the debtors' personal liability for debts owed before the debtors' bankruptcy case was filed. Also, if this case began under a different chapter of the Bankruptcy Code and was later converted to chapter 7, debts owed before the conversion are discharged.

What does trustee discharge mean? A trustee discharge in Ontario, Canada refers to the release of an individual from their legal obligation to repay their debts under a consumer proposal or bankruptcy filing.

Courts can issue a discharge ruling when the debtor meets the discharge requirements under Chapter 7 or Chapter 11 of federal bankruptcy law, or the ruling is based on a debt canceling. A canceling of debt happens when the lender agrees that the rest of the debt is forgiven.

Generally, the types of assets that you can keep in a bankruptcy include: personal items and clothing. household furniture, food and equipment in your permanent home. tools necessary to your work. a motor vehicle with a value up to a certain limit, usually an older vehicle qualifies. certain farm property.

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Works that no longer attract copyright protection are said to be in the public domain, and you are free to use them without restriction. That includes no restrictions on copying and adapting, no need to seek permission, and no uncertainty about your rights as a user.