Topic: Discharged Debt in Bankruptcy
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Answers to Common Questions
How to Discharge Debt with Personal Bankruptcy
The two types of personal bankruptcy, chapter 7 and chapter 13, both help discharge unsecured debt. Unsecured debt is debt that is not "secured" by any collateral, such as credit card debt. An example of a secured debt that is non-discharge... Read More »
Source: http://www.ehow.com/how_5781516_discharge-debt-personal-bankruptc...
How Long Before Debt is Discharged After Bankruptcy?
A bankruptcy discharge varies for each type of case--Chapters 7, 11, 12 or 13. The length of time it takes for debt to be discharged in all cases other than Chapter 7 is determined by the length of your individual repayment plan. In a typic... Read More »
Source: http://www.ehow.com/how-does_5245607_long-debt-discharged-after-b...
What debts cannot be discharged in a bankruptcy?
Generally, child support, fines and penalties, govt insured student loans....amybe a few more. Read More »
Source: http://wiki.answers.com/Q/What_debts_cannot_be_discharged_in_a_ba...
More Common Questions
Answers to Other Common Questions
Answer Basically, most UNsecured types of debts (there are some exceptions I believe, primarilary Student Loans), may be relieved.Compensatingly, most above the basic need assets can be seized and sold to pay as much of the debt as possible...
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Source: http://wiki.answers.com/Q/What_are_the_debts_that_can_be_discharg...
I researched the Internet on your behalf and found a US web site that appears to address your question. The link to the web site is called Bankruptcy Questions and Answers - Debt Resolution and is displayed directly below this window. Bankr...
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Source: http://wiki.answers.com/Q/What_debts_does_bankruptcy_discharge
Certain debts are not dischargeable in bankruptcy, such as child support, some taxes, and debts that were secured by fraud. If you are the holder of a debt that you believe should not be discharged, you have the right as a creditor to file ...
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Source: http://www.ehow.com/how_6330662_file-debt-chapter-7-bankruptcy.ht...
There may come a time when you need to find out which debts were discharged in your bankruptcy case and your original paperwork is not available. Some collection agencies try to illegally collect on debts included in bankruptcy, and success...
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Source: http://www.ehow.com/how_4811673_debts-were-discharged-bankruptcy-...
Gather all asset and debt information. You first need to gather all documentation and creditor information regarding your assets and debts. House mortgages, car payments, monthly bills and any credit card debt are some common types of docum...
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Source: http://www.ehow.com/how_5722737_claim-credit-card-debt-government...
It is almost easier to pick those that can't be: Child support, gov't backed student loans, fines/penalties. Understanding that almost all your assets, except for the very personal ones, business tools, retirement accounts are taken to sati...
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Source: http://wiki.answers.com/Q/Wich_debts_could_be_discharged_in_a_ban...
Exemptions under Federal law, which may change a little in State applications by the Federal BK Court you file in: Personal and Real Property: (1) Household: Up to $425.00 per item not to exceed a total of $8,625.00 (includes animals, appli...
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Source: http://wiki.answers.com/Q/What_Debts_are_non-dischargeable_in_ban...
