California Post Bankruptcy Petition Discharge Letter is a legal document issued by the bankruptcy court in California upon successful completion of a bankruptcy case. This letter serves as proof that the debtor's bankruptcy petition has been discharged and that they are no longer legally obligated to repay most of their debts. Keywords: California, post-bankruptcy, petition, discharge letter, legal document, bankruptcy court, successful completion, proof, debtor, legally obligated, repay, debts. There are different types of California Post Bankruptcy Discharge Letters which include: 1. Chapter 7 Discharge Letter: This type of discharge letter is issued to individuals who have filed for Chapter 7 bankruptcy, also known as liquidation bankruptcy. It applies to consumers who can't repay their debts and need a fresh start. The Chapter 7 discharge letter releases the debtor from personal liability for most of their debts, except for certain types such as child support, student loans, and taxes. 2. Chapter 13 Discharge Letter: This discharge letter is issued to individuals who have filed for Chapter 13 bankruptcy, which allows debtors to reorganize their debts and make manageable payments under a court-approved repayment plan. The Chapter 13 discharge letter is granted once the debtor has successfully completed the repayment plan, usually lasting three to five years. Similar to the Chapter 7 discharge letter, it releases the debtor from personal liability for most debts. 3. Chapter 11 Discharge Letter: Chapter 11 bankruptcy is commonly filed by businesses in California seeking to restructure their debts and continue operations. The Chapter 11 discharge letter is issued when the court approves the reorganization plan and grants a discharge. This discharge allows the business to exit bankruptcy, free from certain debts, and continue operating. 4. Chapter 12 Discharge Letter: This type of discharge letter is specific to family farmers or fishermen who file for bankruptcy and fall under Chapter 12 of the bankruptcy code. The Chapter 12 discharge letter is issued after successful completion of the repayment plan, providing relief to the debtor from most debts. In conclusion, the California Post Bankruptcy Petition Discharge Letter is a crucial document that signals the completion of a bankruptcy case and relieves the debtor from personal liability for most debts. There are various types of discharge letters available depending on the bankruptcy chapter filed, such as Chapter 7, Chapter 13, Chapter 11, and Chapter 12.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.