One of the major purposes of bankruptcy legislation is to afford the opportunity to a person hopelessly burdened with debt to erase his or her debt and thereby get a fresh financial start. A bankrupt’s debt is erased when he or she is discharged.
The debtor is discharged 3 – 5 months after bankruptcy is filed. At that time all debts (with some exceptions) are written off.
Do you live in Northern Kentucky and have questions about Bankruptcy? Then give my office a call at 859.824.3361. The time you spend asking questions is free – and there is no obligation to do anything.
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My assistant Sarah wll be calling you tomorrow to advise. Thanks, Brandon