Oct 17, 2005 01:05
18 yrs ago
English term

his discharge (UK En)

English Law/Patents Finance (general) bankruptcy
Insolvency proceedings (Bankruptcy) in UK

Effects of the opening of proceedings.

Personal Insolvency

Generally, all debts and liabilities, present or future, certain or contingent, to which the debtor is subject at the date of the receiving order, or to which he may become subject before his discharge by reason of any obligation incurred before the date of the receiving order, constitute debts provable in bankruptcy.

At first I thought "discharge" was about paying the debts, but the wording "his discharge" troubles me. I am not sure if I understand this correctly.

Thanks in advance.

Responses

+7
50 mins
Selected

the release of the debtor from monetary obligations upon adjudication of bankruptcy

p. 475, Black's Law Dictionary, Seventh Edition, 1999
Peer comment(s):

agree Jack Doughty
4 hrs
Thank you Jack! :-)
agree Rajan Chopra
8 hrs
Thank you Langclinic! :-)
agree Nick Lingris
8 hrs
Thank you Nick! :-)
agree Dave Calderhead
9 hrs
Thank you Dave! :-)
agree Will Matter
14 hrs
Thank you willmatter! :-)
agree Alfa Trans (X)
16 hrs
Thank you Marju! :-)
agree Saleh Chowdhury, Ph.D.
3 days 10 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot! :)"
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