Discharge judgement

A discharge order issued by the Court under the Bankruptcy and Insolvency Act is a legal process that allows an insolvent debtor to obtain a release from all their debts, except those exceptions provided for in the Act when an opposition has been filed or if it is your third or more bankruptcy.

Once a discharge order under the Bankruptcy and Insolvency Act is obtained, creditors are required to abide by the terms of the order and cannot demand payment for the debts included in the bankruptcy. The discharge typically includes unsecured debts such as personal loans, auto loans, credit card debts, etc., but there are certain exceptions such as spousal and child support obligations and debts resulting from fraud, among others.