Diligence and Discharge

Diligence and Discharge | Wayne Greenwald

Bankruptcy relief is not a sign of failure. It expresses hope. There is life after bankruptcy. Potentially, a better life. Bankruptcy discharges are "fresh starts" for individuals to build futures, where their pasts are not repairable. But, a debtor's past can prevent a bright, post-bankruptcy future. Dischargeability and Discharge Bankruptcy Code §§ 523 and 727 provide means for limiting or eliminating that fresh start. Section 523 identifies specific debts which can be excluded from discharge.

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