To set aside; to annul; to dismiss.
To throw off the obligation of, as a duty or debt; to relieve one's self of, by fulfilling conditions, performing duty, trust, and the like; hence, to perform or execute, as an office, or part.
To send away (a creditor) satisfied by payment; to pay one's debt or obligation to.
Act of relieving of something which oppresses or weighs upon one, as an obligation, liability, debt, accusation, etc.; acquittance; as, the discharge of a debtor.
Act of removing, or getting rid of, an obligation, liability, etc.; fulfillment, as by the payment of a debt, or the performance of a trust or duty.
Release or dismissal from an office, employment, etc.; dismission; as, the discharge of a workman by his employer.
Legal release from confinement; liberation; as, the discharge of a prisoner.
The state of being discharged or relieved of a debt, obligation, office, and the like; acquittal.
That which discharges or releases from an obligation, liability, penalty, etc., as a price of ransom, a legal document.
The release of storm water or other substance from a conveyance system or storage container
The full repayment of the debt against a property, which allows for a full "release" of the mortgage. Also referred to as a payout or liquidation.
Discharge of debts is the goal of the debtor in a bankruptcy filing.
To satisfy or dismiss the obligation of a debt.
Satisfying a debt as a legal obligation through the performance of the obligation(s) imposed under the debt instrument, such as to pay the debt in full, or through another action such as a compromise.
Submenu Loans that have been canceled because of bankruptcy, total and permanent disability, death of borrower or school closure. (See cancellation)
When a bankrupt person is legally free and clear of any obligation to repay certain debts. Student educational loans cannot be discharged under current bankruptcy laws.
The Order of the bankruptcy court which eliminates debts through a bankruptcy case. Discharged debts are prohibited from being pursued in collection by creditors. When a debt is discharged, a debtor is relieved of any legal responsibility to pay the debt. However, if collateral has been pledged to secure the note, this collateral may be subject to repossession.
The release of any waste into the environment from a point source. Usually refers to the release of a liquid waste into a body of water through an outlet such as a pipe, but also refers to air emissions.
If the perspective client is currently factoring its account receivable with another factoring company, Liquid will require the other factoring company to release all of its security and discharge its registration against the client.
The name given to the bankruptcy court's formal discharge of a debtor's debts. In probate, the release of the estate's representative from fiduciary responsibility.
the end of bankruptcy. The date of discharge is the day after bankruptcy ends. The statutory period of bankruptcy is three years and one day from when a person files their Statement of Affairs at ITSA through the Official Receiver.
Water or effluent released to a receiving water body.
A legal terms meaning a court has erased your debt(s) not to be confused with a "charge off" or "write off" which is an accounting term which does not erase debts.
A court order which states that you do not have to pay your debts. Some debts cannot be discharged, such as alimony, child support, student loans, court fines and criminal restitution.
The method of releasing a person from obligation or debt.
a substance that is emitted or released
pour forth or release; "discharge liquids"
free from obligations or duties
release from military service
a Bankruptcy Court order that releases the individual from the legal obligation to pay debts
a Court order stating that you do not have to pay off most of your debts
a Court Order which prohibits most creditors who were listed in the bankruptcy schedules from collecting the debts
a court order which states you do not have to repay the debts included in the bankruptcy filing (with a few exceptions) and protects the debtor from collection efforts by creditors
a legal release from debts
an Order entered by the Bankruptcy Court that prohibits creditors from taking action against you to collect your pre-bankruptcy debts
an order from the Bankruptcy Court addressed individually to each of your creditors informing them that you do not owe the debt anymore
an order from the court that essentially erases all of your debt obligations
an order issued by the bankruptcy court stating that the debts have been forgiven and do not have to be repaid
an order issued by the court that says debts do have to be repaid, but there are a number of exceptions
a release from your obligation to repay your loan permanently
a total release of a debtor from any further personal liability for his or her pre-bankruptcy debts
a total release of a debtor from any further personal liability for his or her prebankruptcy debts Virginia bankruptcy exemptions
Release, remove. To discharge a contract is to end the obligation. Discharge in bankruptcy is to release a person or firm from their debts.
The release of a debtor from most debts. A bankrupt's discharge may be automatic, suspended, conditional or absolute. The court may also refuse the bankrupt's discharge.
This refers to debts which are no longer owed following the outcome of bankruptcy proceedings. For all bankruptcies, Baltimore American Mortgage requires a copy of the Discharge of Debts document as a pre-closing condition.
Discharge of debts is the freeing of you from any further payment on the debts discharged. Once a bankruptcy judge rules a debt is discharged the creditor can not force you to make any more payments.
Process to free a bankrupt from the restrictions of bankruptcy and releases them from the bankrupt debts.
The release of any pollutant into surface waters. A pollutant.------------------------- Home | | Bottom
1. An employee upon being released from employment; 2. A guardian or trustee upon termination of his trust is discharged by the court; 3. A debtor released from his debts is discharged in bankruptcy; 4. A person who is released from any legal obligation is discharged.
A discharged debt is one that the creditor cannot make a demand for payment. If they do that creditor is in contempt of the federal restraining order and can be fined for its intentional conduct.. Unless the court has determined otherwise, the secured creditor can still enforce on its lien against its collateral (such as cars and homes).
The release of borrowers from their obligations to repay all or part of their Direct Loans. Direct Loans are discharged if borrower dies, becomes totally and permanently disabled, or did not received a refund owed to them. Borrowers might also be eligible for a discharge if they are unable to complete their program of study because the school closed while they were still attending or the school falsely certified the borrower's eligibility to receive a loan. In certain cases, the borrower's loan may be discharged in bankruptcy.
An order/ruling which terminates/releases a party from an obligation, indicating that the obligation is considered satisfied.
Refers to credit card, medical and other debt that you will never have to pay once you file bankruptcy.
Official elimination of all prepetition debt (except debts exempt from discharge).
A release issued by the court relieving the debtor from personal liability of all dischargeable debts.
The cancellation of a legal obligation or debt.
when a patient is released from the hospital
This is the process whereby a bankrupt is released from the restrictions of bankruptcy and previously assigned debts.
The termination of the personal obligation to pay a debt.
The removal of the mortgage from the title. The house is then free of that mortgage debt.
Volume of water released from a dam or powerhouse at a given time, usually expressed in cubic feet per second.
A release of a debtor from personal liability for certain debts, preventing creditors from taking any action against the debtor or the debtor’s property to collect the debts.
The cancellation of an obligation.
The final order giving a debtor permanent relief from a creditor's ability to collect an obligation.
Discharge of debts is the goal in a bankruptcy filing. Unless a specific debt is determined to be non-dischargeable or a debt has been reaffirmed, all of the debtor's debts become non-collectable by any creditors.
Judgment by the Bankruptcy Court which says that the debtor does not legally owe his or her debts; that they are canceled out.
Discharge is the release of a borrower from the obligation to repay a loan.
An order that terminates the debtor's obligation to make payments owed to creditors. A discharge "erases" your nonsecured debts permanently.
A term which refers to an order entered in a bankruptcy case, the effect of which is to relieve a debtor from having to pay any debt or obligation which is subject to the order of discharge.
A bankruptcy court order that eliminates your debts. Also called a discharge order.
A release or flow of stormwater or other substance from a conveyance system or storage container.
To cancel or relieve a person of an obligation or responsibility.
A legal document that ends a debtor's legally enforceable obligation to pay a debt. Encumbrance- A legal right, claim or lien upon real property that diminishes the owner's equity or the land's value. Typical encumbrances are mortgages, trust deeds, judgments, assessments, mechanic's liens, easements, etc. They can also be easements that have less financial importance.
To be released from an obligation• Bankruptcy
The legal forgiveness of debts after all conditions are met at the end of a bankruptcy case.
A release of any kind liquid into a water body.
Discharge is the release of an individual from a hospital or other facility such as a nursing home. The attending doctor must give an order for the discharge.
The release of energy by the battery.
Debt that is erased by the bankruptcy court. After the debt is discharged, the debtor is no longer liable for the debt.
Following a completed bankruptcy proceeding, discharged debts are no longer owed or collectable. For all bankruptcies, NationPoint requires a copy of the Discharge of Debts document as a pre-closing condition.
To perform or be released from an obligation. A debt is discharged when it is paid.
A court's writing of off the debts of a person or business that has filed for bankruptcy.
To release a debtor from responsibility for a debt, often as a result of bankruptcy.
1) A document registered to remove a mortgage from title to a property. 2) To payout out a debt. 3) To meet one's obligations.
The release of a borrower from their obligation to repay their loans. A borrower must meet certain requirements to be eligible for discharge.
The legal term for the order eliminating a debt in a bankruptcy case. The debt is no longer legally enforceable against the debtor, but a lien that secures debt may survive the bankruptcy such as a mortgage.
A discharge in bankruptcy relieves the debtor of the dischargeable debts incurred prior to filing. Discharge is the legal term for the elimination of debt through bankruptcy. Certain debts of an individual, such as child support, are normally non-dischargeable.
a written deed which cancels or extinguishes an obligation, usually one to repay a debt
the process which frees a bankrupt from the restrictions of bankruptcy and releases him or her from most bankruptcy debts
The release of borrowers from their obligations to repay their Stafford Loans. Borrowers must meet certain requirements to be eligible for discharges.
The release of a borrower from the obligation to repay his or her loan.
a fluid released from the vagina or other organ Some vaginal discharge is normal and may be released when a woman is aroused. A lot of discharge or a discharge with an unusual odour may indicate an infection.
Elimination of debt through bankruptcy; the goal of bankruptcy filing; unless the debt is non-dischargeable, paid directly by the debtor or reaffirmed, all debts included in the Chapter 13 become non-collectible once a discharge is granted. The discharge prohibits forever any collection activity for pre-petition debts. Once the Chapter 13 Plan is completed, the debtor receives a discharge from the Bankruptcy Court.
the release of a defendant from further court proceedings due to the dismissal or withdrawal of charges.
The release of a borrower from the obligation to repay a loan. (See also Cancellation.)
The amount of water being released from a dam or passing a specific cross-sectional area in a given time interval, measured in cubic feet per second. (cfs)
A release of a debtor from personal liability for certain dischargeable debts set forth in the Bankruptcy Code. (A discharge releases a debtor from personal liability for certain debts known as dischargeable debts and prevents the creditors owed those debts from taking any action against the debtor to collect the debts. The discharge also prohibits creditors from communicating with the debtor regarding the debt, including telephone calls, letters, and personal contact.)
(1) To cancel or release an obligation. (2) To receive a discharge in bankruptcy is to be released from all or most debts.
When the borrower doesn't have to pay part or all of the loan because the school closed, the borrower's loan eligibility was falsely certified, the school failed to pay a refund to the borrower when it was due, the borrower serves as a teacher or child-care worker; or the borrower declares bankruptcy, dies or becomes disabled. Also see "Cancellation" and "Forgiveness."
The flow of fluid from part of the body, such as from the nose or vagina. The passing of an action potential, such as through a nerve or muscle fiber . The release of a patient from a course of care. The doctor may then dictate a discharge summary. See the entire definition of Discharge
Release of energy stored in either a battery or a capacitor.
The bankruptcy discharge extinguishes the debtor's liability on a debt and acts as an injunction against any further efforts to collect a discharged debt from the debtor or the debtor's assets.
To release from debt after fulfilling ones obligations
Stored energy being released from a battery.
(US bankruptcy based) The release from prior debt obligations as a result of the successful completion of a bankruptcy proceeding.
The legal elimination of debt through a bankruptcy case. When a debt is discharged, it is no longer legally enforceable against the debtor, though any lien which secures the debt may survive the bankruptcy case.
The release of a debtor from an obligation to pay, pursuant to a bankruptcy proceeding. A "discharge" indicates the successful completion of a bankruptcy case. Or, in criminal matters, to release a person from confinement or supervision.
The discharge of a bankrupt frees him of all debts and liabilities provable under the bankruptcy, subject to certain exceptions.
Following a completed bankruptcy proceeding, discharged debts are no longer owed or collectable. We will require copies of the discharge papers on any prior bankruptcy filings.
Discharge refers to the end of a bankruptcy.
(DIS-charj) In medicine, a fluid that comes out of the body. Discharge can be normal or a sign of disease. Discharge also means release of a patient from care.
The name given to the bankruptcy court's formal release of a debtor's debts. In probate court, the representative of the deceased's estate is "discharged" from fiduciary responsibility.
the satisfaction or elimination of the debts of the debtor by the bankruptcy court.
If a liability is discharged, the person to whom it was owed may be asked to execute a formal release to acknowledge that he has no further claim. Where a security such as a mortgage is released e.g. when the secured debt has been repaid, the security document should be enclosed with a release or discharge executed by the person entitled to the security. The entries at the Companies Registry and Land Registry reflecting the charges need to be cancelled.
Granted by the court to release a debtor from most of his debts that were included in a bankruptcy. Any debts not included in the bankruptcy – alimony, child support, liability for willful and malicious conduct and certain student loans – cannot be discharged.
Usually used to refer to the repayment of a debt.
final step in bankruptcy proceedings, in which debts are no longer owed or collectable.
To release the borrower from his or her obligation to repay the loan. See also Cancellation.
Extinguishing the debtor's personal liability on debts, through the granting of a permanent injunction protecting the debtor from efforts to collect such debts as a personal liability.
In a capacitor, the release of stored energy to a load. In a battery, the conversion of chemical energy to electrical energy.
Following a completed bankruptcy proceeding, discharged debts are no longer enforceable. The customer has successfully completed the process and debtors are either paid in full or eliminated based on the plan.