discharge of debt meaning in Hindi

Examples

1. The taxpayer would realize zero taxable ordinary income from the discharge of debt.
2. The people cannot wait for the discharge of debts any longer,
3. Under ordinary taxation principles, discharge of debt would clearly fall within the broad definition of gross income provided by the Code.
4. That is the words of the last major ruling that also had No Discharge of Debt-- a 24 month Chapter 7-- enuf said.
5. The Justice Department argued that the restitution payments fall under an exception to bankruptcy law that bars the legal discharge of debts that stemmed from fraud.
6. The Mortgage Forgiveness Debt Relief Act of 2007, enacted Dec 20, 2007, generally allows taxpayers to exclude income from the discharge of debt on their principal residence.
7. The interrogation lasts three or four minutes, and if nothing irregular is found and no creditors raise objections, the debtor is told he or she will receive a discharge of debts in the mail in a few months.
8. A discharge of debts is granted to debtors but can be denied or revoked by the court based on certain misconduct of debtors, including fraudulent actions or failure of a debtor to disclose all assets during a bankruptcy case.
9. Trustee Robbye R . Waldron said he will ask a judge to deny the discharge of debt by Larry Michael Nixon, 55, of Clear Lake, because he refuses to answer questions about a web of business transactions and interests in several companies.
10. BAPCPA also requires individuals seeking bankruptcy relief to undertake credit counselling with approved counseling agencies prior to filing a bankruptcy petition and to undertake education in personal financial management from approved agencies prior to being granted a discharge of debts under either Chapter 7 or Chapter 13.