Monday, March 19, 2012

What debts cannot be discharged?

Certain debts cannot be discharged in bankruptcy. The Bankruptcy Code lists several categories of such debts.  The most common types of debts that will not be discharged include, but are not limited to:
 
·   Most taxes and tax liens
·   Student Loans
 ·   Alimony and child support (domestic support obligations)
·   Debts obtained through fraud, false pretenses or false representation (in some cases)
·   Debts incurred from the operation of a motor vehicle, vessel or aircraft while you were
·   Debts you do not list in your bankruptcy
·   Debts you incur after the filing of your bankruptcy case 


 Filing a bankruptcy case is a big decision, and knowledge about the bankruptcy process gives you the power to make the best choices for your situation. Please contact our office to set up a consultation and discuss your specific needs with one of our knowledgeable attorneys.

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