"Loan discharge" refers to the cancellation or forgiveness of a debt or loan. It means that the borrower is no longer responsible for repaying the loan amount, and the debt is considered to be fully resolved. Full definition
It's why many people simply write off the ability to get student loans discharged in bankruptcy, even though it's theoretically possible. (thecollegeinvestor.com)
More than four out of five bankruptcy attorneys (82 percent) see the limited availability of student loan discharge in bankruptcy as «a big problem» barring a fresh start for clients. (getoutofdebt.org)
But in some cases, you may qualify for loan discharge or forgiveness. (studentdebtwarriors.com)