What is an Absolute Discharge in Banruptcy

May 10th, 2005 by Questions

When you receive your absolute discharge in bankruptcy what happens to your records i.e. the credit bureau etcetera, and what freedom does this give you from that point on?


One Response to “What is an Absolute Discharge in Banruptcy”

, A licensed trustee said:

Your absolute discharge from bankruptcy means that all of the debts included in your bankruptcy are forgiven. A note will appear on your credit report indicating that you were bankrupt; from that point on you can begin saving money to rebuild your credit.

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