A(n)________ is the termination of an obligation. In bankruptcy, it terminates the debtor's
Obligation to pay the debts discharged by the court.

Question

Quizplus · Accepted Answer

Discharge in bankruptcy refers to the legal process that releases a debtor from the obligation to pay his or her debts that were or could have been listed in the bankruptcy petition, effectively terminating the debtor's obligation to pay those debts.

A(n)________ Is the Termination of an Obligation