Bankruptcy Dismissal Vs Discharge

When it comes to bankruptcy, there are two different types of outcomes that a person can have: a dismissal or a discharge. While both of these options will allow the person to have their debt wiped clean, they are still very different from one another. Here is a look at the key differences between a bankruptcy dismissal vs discharge.

A bankruptcy dismissal is when the court decides to not allow the person to have their debt discharged. This usually happens because the person did not follow the rules and regulations that are set forth in the bankruptcy process. For instance, if a person fails to attend their required credit counseling sessions or does not disclose all of their assets, they may be dismissed from their case.

A discharge, on the other hand, is when the court grants the person permission to have their debt wiped clean.

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