DISCHARGEABLE Meaning and
Definition
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The term "dischargeable" refers to something that can be relieved or released from an obligation, responsibility, or debt through a legal process, typically associated with bankruptcy law. It indicates that a particular debt or obligation can be eliminated or forgiven, allowing the debtor to become free from the legal duty to repay it.
In the context of bankruptcy, "dischargeable" specifically describes the debts that can be erased in a bankruptcy proceeding. These commonly include credit card debts, medical bills, personal loans, and other unsecured debts. By receiving a discharge, the debtor is no longer legally obligated to repay these debts, and the creditor is barred from taking further action to collect the outstanding amount.
However, it is important to note that not all debts are dischargeable in bankruptcy. Some obligations, such as child support or alimony payments, student loans (in most cases), and certain tax debts, cannot typically be discharged. Additionally, the debtor must meet certain eligibility criteria and comply with all bankruptcy requirements in order to successfully obtain a discharge.
Overall, the term "dischargeable" indicates the potential for a debtor to have their debts eliminated through a lawful process, enabling them to make a fresh financial start.
Common Misspellings for DISCHARGEABLE
- sischargeable
- xischargeable
- cischargeable
- fischargeable
- rischargeable
- eischargeable
- duschargeable
- djschargeable
- dkschargeable
- doschargeable
- d9schargeable
- d8schargeable
- diachargeable
- dizchargeable
- dixchargeable
- didchargeable
- diechargeable
- diwchargeable
- disxhargeable
Etymology of DISCHARGEABLE
The word "dischargeable" is derived from the verb "discharge", which originated from the Old French word "descharger". In Old French, "descharger" meant "to unload" or "to remove a burden". The word was formed by combining the prefix "des-" meaning "undoing" or "opposite" with the verb "charger" meaning "to load" or "to burden". Over time, "discharge" took on various meanings such as "to release", "to dismiss", or "to fire". The suffix "-able" is added to the base word "discharge" to create the adjective "dischargeable", indicating that something can be released or terminated.
Similar spelling words for DISCHARGEABLE
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