In most cases, you can get rid of credit card debt in Chapter 7 bankruptcy. Learn what happens to your credit card debt in Chapter 13 bankruptcy. If you take out a cash advance prior to bankruptcy, you might not be able to discharge the debt. Learn more.
A novation is a trilateral agreement by which an existing contract is extinguished and a new contract brought into being in its place. Indeed, for an agreement to effect a valid novation the appropriate consideration is the discharge of the original debt in return for a promise to perform some obligation.
Definition of FENESTRATION. 1. : the arrangement, proportioning, and design of windows and doors in a building. 2. : an opening in a surface (as a wall or membrane).3. : the operation of cutting an opening in the bony labyrinth between the inner ear and tympanum to replace natural fenestrae that are not functional.. a: a natural or surgically created opening in a surface b: the presence of such openings. 2. : the operation of cutting an opening in the bony labyrinth between the inner ear and tympanum to replace natural fenestrae that are not functional.