Assertion: bankruptcy's debt | /r/HasProperty | erased
Facets:
value: by going through bankruptcy nondischargeable debts
type: MANNER
Source sentences:
text: Once you successfully complete the plan, the remaining debts are erased.
text: The arrangements made for the repayment or satisfaction of debts in an amount or manner that differs from the original arrangements Dischargeable debts - Debts that can be erased by going through bankruptcy Nondischargeable debts - Debts that cannot be erased by filing for bankruptcy Lien - A charge or encumbrance upon property for the satisfaction of a debt or other duty Secured debt - A debt on which a creditor has a lien Unsecured debt - A debt that is not tied to any item of property Sources:
text: Bankruptcy still may be an option for you, though, if erasing other kinds of debt would free up enough money to pay the debts that can’t be erased.
text: After the court grants a discharge, most unsecured debts are erased.
text: If your business is filing the Chapter 11, once your plan is accepted by the creditors and confirmed by the court, your dischargeable debt (debt that you are no longer responsible for) will be erased.