Explore tens of thousands of sets crafted by our community.
Dischargeable Debts in Bankruptcy
30
Flashcards
0/30
Credit Card Debt
Can be discharged
Student Loans
Cannot be discharged, except under rare circumstances
Medical Bills
Can be discharged
Mortgage Debt
Generally cannot be discharged without forfeiting the property
Car Loans
Cannot be discharged without surrendering the vehicle
Alimony and Child Support
Cannot be discharged
Tax Debts
Can potentially be discharged if certain conditions are met
Business Debt
Can be discharged if personally liable
Personal Loans from Friends or Family
Can be discharged
Utility Bills
Can be discharged
Government Fines and Penalties
Cannot be discharged
Attorney's Fees (in certain cases)
Can be discharged, except in child custody and support cases
Homeowner Association Fees
Can be discharged, but post-bankruptcy fees must be paid if you keep the property
Judgments from Lawsuits
Can generally be discharged, unless based on fraud, DUI, or malicious acts
Secured Debts (General)
Can be discharged, but the collateral may be seized
Unsecured Debts (General)
Can be discharged
Payday Loans
Can be discharged
Co-signed Debts
Can be discharged for the filer, but not for the co-signer
Veterans' Assistance Overpayments
Can be discharged
Social Security Overpayments
Can be discharged
Personal Injury Debts (not DUI related)
Can be discharged, unless malicious intent is involved
Condo or Co-op Housing Fees
Can be discharged, but similar to HOA fees, if you continue to live there, you must pay future fees
Fines from Violating the Law
Cannot be discharged
Debts from Fraud or Theft
Cannot be discharged
Debts for Willful and Malicious Injury
Cannot be discharged
Debts from Property Settlements in Divorce or Separation
Cannot be discharged in Chapter 7; can be in Chapter 13 under certain circumstances
Retirement Plan Loans
Can be discharged, but may have tax consequences
Debts Incurred After Bankruptcy Filing
Cannot be discharged
Debts Not Listed in Bankruptcy Filing
May not be discharged if the creditor was not given proper notice
Debts for Personal Injury Caused by Driving Intoxicated
Cannot be discharged
© Hypatia.Tech. 2024 All rights reserved.