Word: Discharge
Definition:
The release of a debtor from personal liability for certain debts.
Sample Sentence:
After completing the bankruptcy case, she received a discharge of her unsecured debts.
Why It Matters:
Discharge provides a fresh start by eliminating qualifying debts.
Quick Tip:
Some debts like student loans or taxes may not be dischargeable.
Source: https://www.uscourts.gov/glossary
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