What Debts Can I Discharge in Bankruptcy?

Many debts common to Americans are dischargeable, or extinguished, in bankruptcy. These include, but are not limited to, the following:

  • credit cards
  • medical bills
  • personal loans
  • lines of credit
  • auto or mortgage deficiencies
  • certain tax debts

However, it is important to note that not every debt a person has may be dischargeable. Federal law specifically prevents certain debts from being discharged, including:

  • money owed for child support or spousal support
  • most student loans
  • certain tax debts
  • debts incurred while driving intoxicated
  • loans obtained by fraud, in many cases
  • debts not listed on the bankruptcy petition

This list of non-dischargeable debts is not all-inclusive. Contact an experienced bankruptcy attorney for more information. The bankruptcy attorneys at our law firm, can evaluate your debts and help determine whether bankruptcy is right for you, and under which chapter you should file.