When a debt is discharged, it is no longer personally enforceable against the debtor. Bankruptcy discharge may happen as quickly as 12 months after being declared bankrupt but the bankruptcy will stay on the credit rating record for a period of up to six years
A debtor is discharged from bankruptcy after a period of approximately three years and the debt is treated as paid, however credit referencing agencies normally identify former bankrupts for a number of years afterwards.
a court order releasing a debtor from personal liability for all of his or her dischargeable debts and ordering creditors not to attempt to collect those debts from the debtor
a court order that says you do not have to repay debts listed on your bankruptcy petition and creditors are no longer able to legally enforce or collect the debt
the release, by the Bankruptcy Court, of the debtor from all of his dischargeable debts, whether then payable or not. A permanent injunction against any collection action for pre–filing dischargeable debts. The goal a debtor seeks when filing for bankruptcy protection.
A discharge in United States bankruptcy law, when referring to a debtor's discharge, is a statutory injunction against the institution or continuation of all actions to enforce or collect on discharged debts (the discharge injunction). The discharge is one of the primary benefits afforded by relief under the Bankruptcy code.