Discharged. Under a chapter 7 with reaffirmation, continue normal collection of the account. · Under a chapter 7 without reaffirmation: · Secured: lien remains in place and debtor is to continue payments as long as they intend to keep property · Unsecured: Collection efforts must cease as debt has been discharged. CHARGEOFF:
Appears in 3 contracts
Samples: Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.)