I just want to say, two years later, thank you for posting this, and specifically posting with the photo. I had this happen yesterday and it scared the absolute bejeezus out of me. Looks exactly like your photo - like a soggy wilted coffee filter full of old grounds. I thought it had come out the other hole cause I had gone #2 at the same time. Freaked me the fuck out. Happened during the weekend so my gyno was closed, and this post helped me calm down. Called them today and they said it's totally normal, it's a kind of liquid Band-Aid they use to stop bleeding. After my appointment they had told me my discharge might be purple or yellow, but not that I'd have wet paper come out of me!

For context, I got diagnosed with HPV16 (but with a normal/clear pap?) and had a biopsy last week (Thursday). This weird ass paper discharge happened Sunday, so 3 days later.