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Discharge
Explanation:
The legal elimination of debt, via a bankruptcy case. Once a debt is discharged, it cannot be legally enforced against the debtor.
Our Thoughts:
This is where the "fresh start" of bankruptcy occurs. Please note, however, that a lien securing a debt may survive the bankruptcy case, and that the penalty for misconduct by a debtor in a bankruptcy case may be met with a Denial of Discharge.