Why is a discharge of debt granted?
A)to divide the bankruptcy estate equally among all creditors
B)to relieve the debtor of the responsibility to pay some of or all the debt
C)to divide the bankruptcy estate according to the debt owed to each creditor
D)to suspend certain legal actions by creditors against a debtor's property

Question

Quizplus · Accepted Answer

A discharge of debt is granted to relieve the debtor of the responsibility to pay some or all of the debt. It does not refer to distributing the bankruptcy estate among creditors, nor does it necessarily suspend legal actions by creditors.

Why Is a Discharge of Debt Granted