October 12th, 2010 by Questions
Could you please explain what `automatic discharge` means? Thank you very much.
Posted from: Ontario
October 13, 2010 at 8:00 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
An automatic discharge occurs when you have successfully completed all the duties and responsibilities that are associated with a bankruptcy. The discharge is the actual event that finalizes your bankruptcy and releases you from your debt. It is referred to as automatic when you have completed everything within the required time frames and therefore there is no need to go to court.
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