A Discharge Is

Multiple Choice

A discharge is

A) a formal pronouncement by a court that a debtor is released from bankruptcy.
B) a formal pronouncement by a court that a creditor is released from the stay operating in bankruptcy and may sue the bankrupt independently.
C) a formal pronouncement by a court permitting the payment of the bankrupt's liquidated assets to creditors.
D) a formal pronouncement by a court that a debtor is no longer able to carry on business.
E) an informal pronouncement by the business community that a debtor is no longer able to carry on business.