Code Sections
This section requires a finding that certain debts are nondischargable otherwise they will be dischagred
What is Section 523(c)?
A discharge aims to provide the debtor with this
If a creditor fail to object to the dischargability of a debt then this happens
What is the debt is discharged?
Chapter 13 allows for more debts to be discharged, the discharge in Chapter 13 is typically referred to as
What is the "super discharge"?
In bankruptcy a secured claim is limited to the value of this
What is the collateral?
This section puts the discharge injunction in effect as soon as the discharge is granted
What is Section 362(c)(2)(C)?
A debtor may petition for this special type of discharge that is given pursuant to section 523(a)(8)
What is an undue hardship discharge?
To object to a discharge the creditor must object when
When is within 60 days of the initial meeting?
A discharge does not protect these people who have a relationship with the debtor
What is a guarantor or co-debtor?
If a debtor decides to ride-through on a debt what recourse does the creditor have if they would like to take the property back after discharge
What are state foreclosure proceedings?
The section that states what debts are not dischargeable
What is Section 5239(a)?
A debtors undertaking to honor an otherwise dischargeable debt
What is reaffirmation?
Chapter 7 and 11 do not allow for discharge when the debtor is a
What is a business?
Section 523 applies entirely to discharges in this Chapter of Bankruptcy
What is Chapter 7?
What is an injunction against creditors?
This section prohibits a creditor from seeking any recovery from the debtor after discharge
What is Section 524?
When a debtor pays off the creditor's secured claim and keeps the collateral
What is redemption?
A debtor can only file Chapter 7 bankruptcy and receive a discharge every ___ years
What is 8?
This type of loan is typically not dischargeable, but some jurisdiction sometimes allow them to be discharged
What are student loans?
Section 525 protects the debtor from this
What is discrimination because of being bankrupt?
This section provides for a "global denial of discharge", which denies the debtor discharge from any of the debts
What is Section 727?
What is ride-through?
A discharge voids any in personam liability but does not void this type of liability
What is in rem liability?
To get an undue hardship discharge a debtor must show these three things
What is (1) he cannot maintain a minimal standard of living; (2) additional circumstances exist that prevent payment; and (3) he made a good faith effort to pay the debt.
If a creditor fails to file the reaffirmation with the court the debtor can do this
What is strike it down and avoid the obligation?