What Is Bankruptcy Discharge?
Bankruptcy discharge is the release of a debtor's personal liability for certain dischargeable debts, which are defined by the bankruptcy code. Learn more about dischargeable debts from a bankruptcy attorney with help from a certified civil mediator in...
In addition, the Bankruptcy Code lists 19 categories of nondischargeable debt.
These are debts Congress has determined not dischargeable for public policy ...
Instead, this article is a basic overview of section 523 and the major proposed
changes regarding debts that may not be discharged in a bankruptcy. (For a ...
relating to a tax of a kind not specified in paragraph (1) of this subsection; or ...
under this title or under the Bankruptcy Act in which the debtor waived discharge,
.... (a) of this section, such debt is not dischargeable in the case under this title. (c)
Some debts are not discharged in bankruptcy. If you file for Chapter 7 bankruptcy,
you will still owe these debts after your discharge. If you file for Chapter 13 ...
Learn about the debts that don't go away when you file for bankruptcy, called “
nondischargeable” ... One consequence might be your debt not being discharged
If you file for bankruptcy under Chapter 7, you should be aware that not all debts
are eliminated (or discharged) once the bankruptcy process is complete.
Therefore, the debtor must still repay those debts after bankruptcy. Congress has
determined that these types of debts are not dischargeable for public policy ...
Jul 12, 2016 ... Although most debts are dischargeable in bankruptcy, there are certain
categories of debts that are not dischargeable. This just means that ...
In some cases, an otherwise dischargeable debt might not be discharged in
Chapter 7 if you incurred it close in time to your bankruptcy filing. Here are the