debt
 

 debt







 

Question by  kbgysel (27)

Can a promissory note be discharged?

I have a promissory note that I want discharged.

 
+6

Answer by  Amy21 (460)

A promissory note can not be discharged. These are legal binding laws that go along with those and they can not be discharged. SOmetimes they can be traded or reduced.

 
+5

Answer by  John (9008)

This sort of debt can usually be discharged as part of a bankruptcy, assuming that there is not some other reason why it would not be (student loans, for example).

 
+4

Answer by  tamarawilhite (17883)

A promissory note can be discharged within a bankruptcy as long as it is not related to taxes, child support, or college educational loans. It can also be discharged if the debt is forgiven by the lender.

 
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