Bankruptcy still remains a mystery in the eyes of many consumers. This article will review the facts of bankruptcy as per written law.Some of the information in this article refers to a manual called “Bankruptcy Basics” published by the Administrative Office of the United States Courts and written by Leonidas Ralph Mecham, Director.What, When and How Does a Debtor Discharge His or Her Debts through Bankruptcy –A discharge of an individual’s debt is a release of an individual’s liability from cer.