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.
The decantation is the process by which a solid material present in a solvent is separated by simply pouring the liquid into another container by passing through the stirring â¦ rod while filtration requires a filtering device as filter paper by which solvent is separated as filtrate.ecanting: Pouring out a liquid off a vessel. E.g. a jar filled with water contains settled insolubility/sediment. To separate the mixture by decantation, the liquid is gently â¦ poured out off the vessel into another one without disturbing the sediment.