According to experts, only one in ten people meet a $2500 annual deductible. This means most people on Bronze or Silver plans will end up paying for their generic Ursodiol 300 mg out of their own pocket.
Discharged Debt Definition. When your debt is discharged by a bankruptcy court, you are no longer legally required to repay the debt. When your debt as discharged, your creditors can no longer attempt to collect the money from you, either through legal action or by contacting you via phone, letters, in person or through collection agencies.
However, any debts you did not include as part of your bankruptcy case will not benefit from the bankruptcy discharge. In a Chapter 7 bankruptcy, your debts will be discharged at the end of the 60-day period. For a Chapter 13 bankruptcy, you will receive a bankruptcy discharge at the completion of your repayment plan. In addition, the Bankruptcy Code requires you to complete a financial management course before the court will grant a Chapter 7 or Chapter 13 discharge. Get a free, confidential bankruptcy evaluation.