What Debts Can I Eliminate Through Bankruptcy?

At The Buchalter Law Group, we are here to assist with all matters related to bankruptcy. From filing for Chapter 7 to protecting your valuable assets, our skilled lawyers have the experience and knowledge of the law that you need to make sure all of your interests are fully protected throughout the bankruptcy process. One question we are commonly asked by clients is what types of debt they can eliminate if they file for bankruptcy. In this blog, we explain the answer to this question.

Dischargeable Debt

The following debts are generally dischargeable under the bankruptcy code:

  • Credit Cards
  • Personal Loans
  • Medical Debt
  • Judgments
  • Payday Loans
  • Loans from Family & Friends
  • Debts for Mistaken Overpayment of Government Benefits

Non-Dischargeable Debt

The following debts are generally non-dischargeable under the bankruptcy code:

  • Spousal Support
  • Child Support
  • Student Loans
  • Certain Taxes
  • Debts Incurred by Fraud
  • Debts Incurred from Embezzlement
  • Damages Resulting from Drunk Driving
  • Penalties & Fines Imposed by a Court

Are you struggling with your debts? Are you worried about foreclosure? Then call us today at (321) 320-6088 to schedule your free case evaluation with our dedicated bankruptcy lawyers in Brevard County. We are here to serve you.

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