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.
Artist's conception of a white dwarf accreting hydrogen from a larger companion. A nova (plural novae or novas) or classical nova (CN or plural CNe) is an astronomical event that causes the sudden appearance of a bright new star, that slowly fades from view over several weeks or many months.