Fresh Start Doctrine

The Fresh Start Doctrine is a legal principle allowing individuals to begin anew after bankruptcy. It aims to give debtors a chance to rebuild their financial lives by discharging certain debts, meaning they are no longer obligated to pay them. This doctrine recognizes that people can face unexpected financial hardships and deserve a fresh start. However, not all debts can be wiped out, such as student loans and child support. Ultimately, the Fresh Start Doctrine promotes the idea of allowing individuals to recover and contribute positively to the economy after experiencing financial difficulties.