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Q: What are the acts of debtor or grounds whichwill prevent discharge?A:No discharge shall be granted, or if granted,shall be valid, to the following cases:1.False swearing;2.Concealment of any part of his estate oreffects;3.Fraud or willful neglect in the care of hisproperty or in the delivery thereof tothe assignee;4.Procuring his properties to be attachedor seized on execution within 1 monthbeforethecommencementofinsolvency proceedings;5.Destruction,mutilation,alterationorfalsification of his books, documents,and papers;6.Givingfraudulentpreferencetoacreditor;7.Nondisclosureoftheassigneeofaproven false or fictitious debt within 1month after acquiring knowledge;8.Beingamerchant,failuretokeepproper books or accounts;9.Influencing the action of any creditor, atanystateoftheproceedings,bypecuniary consideration;10.Effecting any transfer, conveyance ormortgageincontemplationofinsolvency;11.Conviction of any misdemeanor underthe Insolvency Law:12.In case of voluntary insolvency, he hasreceivedthebenefitofinsolvencywithin6yearsnextprecedinghisapplication for discharge; and13.If insolvency proceeding in which hecould have appliedare pending by oragainst him in the RTCof any otherprovince or city.(Sec. 65)Q: What are the effects of discharge?A:1.It releases the debtor from all claims,debts, liabilities and demand set forth inthe schedule or which were or mighthave been proved against his estate ininsolvency.(Sec.69).Hence,nonprovabledebtsarenotaffectedwhetherornottheywereproperlyscheduled;2.Itoperatesasadischargeoftheinsolvent and future acquisitions, butpemitsmortgageesandotherliencreditors to have their satisfaction outof the mortgage or subject of the lien;3.It is a special defense which may bepledged and be a complete bar to allsuits brought on any such debts, claims,liabilities or demands.(Ibid.)4.Itdoesnotoperatetoreleaseanyperson liable for the same debt, for orwith the debtor, either as partner, jointcontractor,indorser,suretyorotherwise;(Sec. 68)5.The certificate of discharge is primafacie evidence of the fact of release,and the regularity of such discharge.Note:Where a debtor is judicially declaredinsolvent,the remedy of theguarantororsurety would be to file a contingent claim in theinsolvency proceeding, if his rights as suchguarantor or sureties are not to be barred bythesubsequentdischargeoftheinsolventdebtor from all his liabilities.Q:Whatare the debts and obligations notaffected by discharge of insolvent?A:1.TaxesorassessmentsduetheGovernment, whether national or local;2.Anydebtcreatedbythefraudorembezzlement of the debtor;3.Any debt created by the defalcation ofthe debtor as a public officer or whileacting in a fiduciary capacity;4.Debt of any person liable for the samedebt, for or with the insolvent debtor,eitheraspartner,jointcontractor,inorser, surety or otherwise;(Sec. 68)5.Debts of a corporation(Sec. 52);6.Claim for support;7.Discharged