Definition of discharge from bankruptcy

What is a bankruptcy discharge? A bankruptcy discharge, also known as a bankruptcy discharge, refers to a permanent court order that releases a debtor from personal liability for certain types of debt. It is sometimes called simply a discharge and comes at the end of a bankruptcy. After its issuance, …

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Military exercise causes strange lights in Denver skies

This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see when it was last updated. DENVER – A military drill caused the strange flashing lights over the Denver metro area on Saturday night, military officials said. …

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Why medical debt – and bankruptcy – are growing problems

Extremely high medical costs are often blamed for pushing many Americans out of business. According to the Consumer Financial Protection Bureau, some 43 million Americans have unpaid medical debts on their credit reports. Medical debt is not like other debt. This is not because of reckless purchases, but often because …

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Americans Ruined by Health Spending: 4 Questions Answered

Medical bankruptcy has been a talking point for many Democratic candidates as they advocate for healthcare reform. This raises some questions about the extent of these bankruptcies and their causes. 1. How big is the medical bankruptcy problem? Medical bankruptcy, which refers to situations in which individuals have been forced …

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Why Mitch McConnell wants states to go bankrupt

American states are suddenly faced with their worst fiscal crisis since the Great Depression. The Center on Budgetary and Policy Priorities estimates that more than 25% of state revenue has evaporated due to the pandemic. The demands on state health care budgets, state unemployment systems and state social benefits are …

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