Friday, February 26, 2010

What does it mean to get a discharge in Bankruptcy? by Brooklyn Bankruptcy Lawyer

I am a Brooklyn Bankruptcy Attorney with offices in Brooklyn, New York City. My web page is located at Brooklyn Bankruptcy Attorney.

A bankruptcy discharge releases a debtor from personal liability for certain specified types of debts. The discharge prevents creditors of the debtors from taking any form of collection action on discharged debts including but not limited to, legal action, telephone calls or letters attempting to collect on the debt. My office performs many different types of bankruptcies, including Chapter 11, 13 and Chapter 7. Chapter 7 will very often wipe out all of your debts.