discharge of indebtedness
discharge of indebtedness
the satisfaction or elimination of the debts of the debtor by the bankruptcy court (Glossary of Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • discharge — [n1] setting free acquittal, clearance, disimprisonment, exoneration, liberation, pardon, parole, probation, release, remittance; concept 127 Ant. hold, imprisonment, incarceration, keep, retention discharge [n2] dismissal from responsibility ax …   New thesaurus

  • Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States …   Wikipedia

  • Moral Aspect of Bankruptcy —     Moral Aspect of Bankruptcy     † Catholic Encyclopedia ► Moral Aspect of Bankruptcy     (See also CIVIL ASPECT OF BANKRUPTCY.)     Bankruptcy must be considered not only from the legal but also from the moral point of view; for sound morality …   Catholic encyclopedia

  • Chester Arthur: State of the Union, 1882 — ▪ Primary Source       It is provided by the Constitution that the President shall from time to time give to the Congress information of the state of the Union and recommend to their consideration such measures as he shall judge necessary and… …   Universalium

  • LEVITICUS, BOOK OF — (Heb. וַיִּקְרָא; LXX Λευιτικόν leuitikon), more aptly described by its tannaitic name, Torat Kohanim, the Priests Manual, the third book of the Pentateuch. Leviticus is thematically an independent entity. exodus contains the story of the… …   Encyclopedia of Judaism

  • Glossary of environmental science — This is a glossary of environmental science.Environmental science is the study of interactions among physical, chemical, and biological components of the environment. Environmental science provides an integrated, quantitative, and… …   Wikipedia

  • Civil Aspect of Bankruptcy —     Civil Aspect of Bankruptcy     † Catholic Encyclopedia ► Civil Aspect of Bankruptcy     (See also MORAL ASPECT OF BANKRUPTCY.)     Bankruptcy (La banqueroute; earlier English terms, bankruptship, bankrupture) in civil jurisprudence as well as …   Catholic encyclopedia

  • Secretary of State of Oklahoma — The Secretary of State of Oklahoma is the chief clerical officer of the U.S. state of Oklahoma and the only appointed core member of the executive branch of the Oklahoma state government. The office of the Secretary of State was an elective… …   Wikipedia

  • Oklahoma Secretary of State — Office of the Secretary of State Great Seal of the State of Oklahoma Agency overview Formed 1907 Preceding agency Office of …   Wikipedia

  • Zarin v. Commissioner — 916 F.2d 110 (3rd Cir. 1990) is a United States Third Circuit Court of Appeals decision concerning the cancellation of debt and the tax consequences for the borrower for U.S. federal income tax purposes.HistoryBackgroundResorts Hotel… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”