Post-petition debt is all debt that you incur after your bankruptcy case is filed. These debts will not be a part of your bankruptcy case and cannot be discharged. You are still liable on this debt and must pay for it. The bankruptcy cannot help you with post-petition debt. The hope when filing for bankruptcy is to be able to start over with a clean slate. In a Chapter 7 Bankruptcy, if you continue to incur debt after your bankruptcy case has been filed you may find that you still do not have enough funds to support your budget.
libÂ·erÂ·tarÂ·iÂ·an. Use libertarian in a sentence. a person who believes in the doctrine of the freedom of the will. a person who believes in full individual freedom of thought, expression, and action. â a U.S. political party stressing libertarian principles, as protection of the rights of the individual and minimization of the role of government.
Libertarianism. What it means to be a libertarian in a political sense is a contentious issue, especially among libertarians themselves. There is no single theory that can be safely identified as the libertarian theory, and probably no single principle or set of principles on which all libertarians can agree.