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discharge of debtor

См. также в других словарях:

  • discharge — An order from the Bankruptcy Court releasing the debtor from any and all dischargeable debts which arose prior to the petition date (SA Bankruptcy.com) The legal elimination of debt through a bankruptcy case. When a debt is discharged, it is no… …   Glossary of Bankruptcy

  • discharge — dis·charge 1 /dis chärj, dis ˌchärj/ vt 1: to release from an obligation: as a: to relieve of a duty under an instrument (as a contract or a negotiable instrument); also: to render (an instrument) no longer enforceable a formal instrument...may… …   Law dictionary

  • Discharge — Dis*charge , n. [Cf. F. d[ e]charge. See {Discharge}, v. t.] 1. The act of discharging; the act of relieving of a charge or load; removal of a load or burden; unloading; as, the discharge of a ship; discharge of a cargo. [1913 Webster] 2. Firing… …   The Collaborative International Dictionary of English

  • discharge in bankruptcy — n. The release of a bankrupt person from his or her debts. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. discharge in bankruptcy …   Law dictionary

  • discharge — [dis chärj′; ] also, & for n., usually [ dis′chärj΄] vt. discharged, discharging [ME dischargen < OFr descharger < VL * discarricare, to unload < L dis , from + carrus, wagon, CAR1] 1. to relieve of or release from something that burdens …   English World dictionary

  • discharge of debts — In bankruptcy, the bankruptcy court s action, at the end of the case, to wipe out the debts of the person or business that filed for bankruptcy. Once a debt is discharged, the debtor no longer owes it, and the creditor may no longer take action… …   Law dictionary

  • discharge of indebtedness — the satisfaction or elimination of the debts of the debtor by the bankruptcy court (Glossary of Common Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • discharge — To release; liberate; annul; unburden; disincumber; dismiss. To extinguish an obligation (e.g. a person s liability on an instrument); terminate employment of person; release, as from prison, confinement or military service. Discharge is a… …   Black's law dictionary

  • discharge — To release; liberate; annul; unburden; disincumber; dismiss. To extinguish an obligation (e.g. a person s liability on an instrument); terminate employment of person; release, as from prison, confinement or military service. Discharge is a… …   Black's law dictionary

  • debtor and creditor — Respectively, a person who owes a debt and a person to whom the debt is owed. Usually the debtor has received something from the creditor, in return for which the debtor has promised to make repayment at a later time. If the debtor fails to repay …   Universalium

  • discharge — (1) The action of releasing a lien or the document in which the creditor relinquishes a lien. Also known as a satisfaction, a release, a reconveyance, or an extinguishment. However, release tends to be used in connection with both real and… …   Financial and business terms

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