Word: Fresh start
Definition:
The release of a debtor from most debts following bankruptcy.
Sample Sentence:
Bankruptcy provided the debtor with a financial fresh start.
Why It Matters:
A core goal of bankruptcy law: relieving debtors of overwhelming obligations.
Quick Tip:
A discharge removes personal liability for dischargeable debts.
Source: https://www.uscourts.gov/glossary
We use cookies to improve your experience on our site. By using our site, you consent to cookies.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.
These cookies are needed for adding comments on this website.
Google reCAPTCHA helps protect websites from spam and abuse by verifying user interactions through challenges.
Statistics cookies collect information anonymously. This information helps us understand how visitors use our website.
Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
Service URL: policies.google.com (opens in a new window)
SourceBuster is used by WooCommerce for order attribution based on user source.
You can find more information about our Cookie Policy and Privacy Policy.
Leave a Reply