%0 Journal Article %T Researching and Analyzing the Debt Exemption in the LawĄŻs of Iran, England and America %J International Journal of Finance and Accounting %@ 2168-4820 %D 2012 %I %R 10.5923/j.ijfa.20120106.07 %X Abtract In this article, attempt has been made to explain debt exemption in three legal systems of Iranian, England and America. To do so, a brief description of the historical debt exemption has been also given in the Iranian legal system. Furthermore, a point of criticism has been made about the weak point of rules governing debt exemption and finally a solution has been given to remove the weak point and to prevent the violation of the people's rights. %K Debt Exemption %K Law %K Bankruptcy %U http://article.sapub.org/10.5923.j.ijfa.20120106.07.html