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bankruptcy

Discharge

In bankruptcy, the release of a debtor from personal liability for certain debts, preventing creditors from collecting those debts.

Encyclopedia entry: Discharge

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discharge

A discharge is the extinguishment  or release of a legal obligation or duty . For example, a discharge of the payment of a debt  means you are no longer legally obligated to pay the debt. See bankruptcy .

In the context of employment law, an employee  discharge is when an employee is terminated from employment involuntarily .

[Last reviewed in October of 2022 by the Wex Definitions Team
]

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Encyclopedia content from Cornell LII Wex (CC-BY-NC-SA 2.5).

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This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.