According to experts, only one in ten people meet a $2500 annual deductible. This means most people on Bronze or Silver plans will end up paying for their generic Ursodiol 300 mg out of their own pocket.
Discharged Debt Definition. When your debt is discharged by a bankruptcy court, you are no longer legally required to repay the debt. When your debt as discharged, your creditors can no longer attempt to collect the money from you, either through legal action or by contacting you via phone, letters, in person or through collection agencies.
Your case ends when the court enters an order closing it. For most people who file bankruptcy, the discharge is the last court action that directly affects them. And in many cases, the court will close the case soon after the entry of discharge. But in other cases, the bankruptcy will continue for some time after the discharge. In fact, for creditors, the trustee, and the court, the case may be just getting underway. What Is the Bankruptcy Discharge? The bankruptcy discharge is an order from the bankruptcy court that does two things: It releases the debtor from liability for certain debts. In other words, the debtor is no longer legally required to pay the discharged debts. Not all debts can be discharged.