In most cases, you can get rid of credit card debt in Chapter 7 bankruptcy. Learn what happens to your credit card debt in Chapter 13 bankruptcy. If you take out a cash advance prior to bankruptcy, you might not be able to discharge the debt. Learn more.
A novation is a trilateral agreement by which an existing contract is extinguished and a new contract brought into being in its place. Indeed, for an agreement to effect a valid novation the appropriate consideration is the discharge of the original debt in return for a promise to perform some obligation.
I nnovation is about helping organizations grow. Growth is often mea-sured in terms of turnover and profit, but can also occur in knowledge,in human experience, and in efficiency and quality. Innovation is theprocess of making changes to something established by introducing some-thing new.