Conditional Discharge: Canada Debt .ca defines Conditional Discharge

Bankruptcy Term Conditional Discharge

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Canada Debt has the definition to the bankruptcy and debt term Conditional Discharge. Finding answers to terms such as Conditional Discharge can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Conditional Discharge in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Conditional Discharge' is used as follows:

The court may impose certain conditions that must be met before a person's discharge becomes absolute. For example, the Court may require you to pay an amount to your trustee for distribution to your creditors.