This is not the same as its debts being discharged, as happens when an individual files for Chapter 7.
The debts still exist in theory, at least until the statute of limitations has expired, but there is no debtor to pay them, so they must be written off in practice.
The link titled "Bankruptcy Court Documents" contains a link to the filings that the Debtors have made with the Court.
Liquidation can also refer to the process of selling off inventory, usually at steep discounts.
It is not necessary to file for bankruptcy to liquidate inventory.
Liquidation can also refer to the act of exiting a securities position.
In the simplest terms, this means selling the position for cash; another approach is to take an equal but opposite position in the same security, for example, by shorting the same number of shares that make up a long position in a stock.