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.
The Libertarian Party (LP) is a political party in the United States that promotes civil liberties, non-interventionism, laissez-faire capitalism, and the abolition of the welfare state.[7] The LP was conceived at meetings in the home of David F. Nolan in Westminster, Colorado in 1971[8] and was officially formed on December 11, 1971, in Colorado ...