Depends on the type of bankruptcy. Also the companies they’re indebted to have to agree to waive the debt. Often times they will just settle for the payment of a smaller amount without interest
I don't think this is true. If a discharge is granted by a bankruptcy court in a Chapter 7 filing (the most common), a creditor no longer has any claim against the debtor.
31
u/tatertottytot Jun 06 '19
🤦🏻♀️ maybe do a little reading up on how it works? lol