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Vermont Discharge of Debtor in a Chapter 7 Case

Category:
Vermont Bankruptcy - Official - Local District
State:
Vermont
Control #:
VT-SKU-0113
Format:
PDF
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Description

Discharge of Debtor in a Chapter 7 Case Vermont Discharge of Debtor in a Chapter 7 Case is a court order that releases an individual debtor from personal liability for certain debts. This type of discharge is available only to individuals filing under Chapter 7 of the Bankruptcy Code. The discharge eliminates the debtor's personal legal obligation to pay certain debts, such as credit card debt, medical bills, and loans. The discharge does not, however, eliminate the lien of any creditor that has a security interest in the debtor's property. The Vermont Discharge of Debtor in a Chapter 7 Case is divided into two categories: the Automatic Stay and the Discharge Order. The Automatic Stay is issued by the court automatically upon the filing of the bankruptcy petition and prevents creditors from taking any further action against the debtor. The Discharge Order is issued after the completion of the bankruptcy process and permanently releases the debtor from personal liability for the discharged debts. The Vermont Discharge of Debtor in a Chapter 7 Case does not discharge certain types of debts, such as student loans, certain tax liabilities, and alimony or child support. Additionally, the discharge does not prevent a creditor from filing a lawsuit against the debtor for any debts that are not discharged.

Vermont Discharge of Debtor in a Chapter 7 Case is a court order that releases an individual debtor from personal liability for certain debts. This type of discharge is available only to individuals filing under Chapter 7 of the Bankruptcy Code. The discharge eliminates the debtor's personal legal obligation to pay certain debts, such as credit card debt, medical bills, and loans. The discharge does not, however, eliminate the lien of any creditor that has a security interest in the debtor's property. The Vermont Discharge of Debtor in a Chapter 7 Case is divided into two categories: the Automatic Stay and the Discharge Order. The Automatic Stay is issued by the court automatically upon the filing of the bankruptcy petition and prevents creditors from taking any further action against the debtor. The Discharge Order is issued after the completion of the bankruptcy process and permanently releases the debtor from personal liability for the discharged debts. The Vermont Discharge of Debtor in a Chapter 7 Case does not discharge certain types of debts, such as student loans, certain tax liabilities, and alimony or child support. Additionally, the discharge does not prevent a creditor from filing a lawsuit against the debtor for any debts that are not discharged.

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Vermont Discharge of Debtor in a Chapter 7 Case
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