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  • Define Conditional Discharge: The Truth About It Not Being An Automatic “Get Out of Debt Free” Card

Define Conditional Discharge: The Truth About It Not Being An Automatic “Get Out of Debt Free” Card

Brandon Smith of Ira Smith Trustee & Receiver shares how a conditional discharge leaves a bankrupt subject to restrictions and liable for pre-bankruptcy debts until court-imposed payment or performance conditions are completed, although unreasonable terms may be reduced to preserve the BIA’s fresh-start objective.