What Are The Types Of Bankruptcy Discharges?
- Topics Bankruptcy Questions
- June 30 2011
Absolute:
An absolute discharge is effective immediately and relieves you from the debts incurred before you declared bankruptcy, except for those debts described in section 178 of the BIA.
Suspended:
A suspended discharge is similar to an absolute discharge but will not be effective until a certain date in the future.
Conditional:
The Court may impose conditions that must be met before your discharge becomes absolute. For example, the court may require you to pay an amount to us, as Trustee in Bankruptcy, for distribution to your creditors.
Adjourned:
In the event that there is an objection to your discharge, the court will generally postpone the hearing to a later date.
Refused:
In certain rare situations, the court may refuse a discharge entirely.







