The form provides that the debtor is granted discharge under 11 U.S.C. section 1228(b). The form also requires a signature by the bankruptcy judge.
Discharging Debt With Hjr 192 Remedy
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How to fill out Order Discharging Debtor Before Completion Of Chapter 12 Plan - Updated 2005 Act Form?
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FAQ
In 1933, the powers that be in America made it against the law to pay debts with gold, known as House Joint Resolution 192 . Instead, all debts could only be ?discharged? by offering a sufficient amount of ?Federal Reserve Notes?.
May the debtor pay a discharged debt after the bankruptcy case has been concluded? A debtor who has received a discharge may voluntarily repay any discharged debt. A debtor may repay a discharged debt even though it can no longer be legally enforced.
Courts can issue a discharge ruling when the debtor meets the discharge requirements under Chapter 7 or Chapter 11 of federal bankruptcy law, or the ruling is based on a debt canceling. A canceling of debt happens when the lender agrees that the rest of the debt is forgiven.
On June 5, 1933, Congress passed housejoint resolution (HJR) 192. HJR. 192 was passed to suspend the Gold Standard and abrogate the Gold clause in the. National Constitution since then; no one in America has been able to lawfully pay. a debt.
As a result of HJR 192, and from that day forward (June 5, 1933), no one has been able to lawfully pay a debt or lawfully own anything. The only thing one can do is tender CREDIT in exchange of debts, with the debt being perpetual.