In 9/2013 he filed Bankruptcy,  the mortgage and my note were discharge. 

While yeah, they would lose the rights to sue them upon discharge, the threat of filing BK doesn't work as much today as it might have in 2012.

I've been lurking on BP for a couple of weeks now and have found the the site and forum to be very helpful.A couple of years ago I was honorably discharged from the Air Force after serving for four years.

If he doesn't declare bankruptcy to discharge the debt I'll sit on the judgement and try again to collect every now and then.

(Make sure you discharge the memorandum if you do not complete the deal or you may find yourself with legal difficulties.)

They filed a chapter 7 BK which was discharged approx 3 yrs ago.

So we had a business fail in 2015, and just finally got to bankruptcy discharge October of 2017. 

This would seriously cut down on the significant transfer costs we have here, such as legal fees, land transfer tax, mortgage discharge and interest/fees to private lenders. 

(some backstory: my wife and I have a chapter 7 bankruptcy on our credit report from Dec. 2018 (discharge date)) We cannot get traditional financing due to BK. 

There is going to be a lot of this in CT / MA / NY as eviction moratoriums finish up and landlords in these states can begin evictions - most realizing they will never get a dime in back rent.More info: "According to the IRS, if a debt is canceled, forgiven or discharged, you must include the canceled amount in your gross income and pay taxes on that income unless you qualify for an exclusion or exception.