The goal of any bankruptcy proceeding is to obtain a discharge of debts. A discharge releases the debtor from personal liability from most debts and prevents creditors from taking any collection action against you. Nonetheless, there are many exceptions to receiving a discharge in a bankruptcy proceeding. Therefore, debtors should consult competent legal counsel before filing to discuss the scope of the discharge. Not to worry, over 99% of all debtors who file for bankruptcy receive a discharge. An order of discharge is usually granted very early in the case, within 60-90 days after the date first set for the meeting of creditors.
Randy M. Creighton, Esq.