Legal Question in Bankruptcy in Utah

What does discharged bankruptcy mean?

When applying for new credit, I am seeing things that say you can be accepted if you have a "discharged bankruptcy." What does that mean?


Asked on 1/06/98, 4:31 pm

1 Answer from Attorneys
Stephen Scapelliti Law Office of Stephen Scapelliti, Esq.

Legal significance of "discharged bankuptcy"

The term "discharged bankruptcy" as you indicate was referenced in an advertisement, appears to have no independent legal significance. You should contact the company which is inviting the application and ask what the company means by that term. If the company is referring to a "discharge in bankruptcy", that would be the bankruptcy court order where the debtor's debts are "discharged".

Read more
Answered on 1/07/98, 5:53 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Utah