I have a question about declaring bankruptcy. I am aware that I can get this information online; nevertheless, I wished to make a connection with anybody who is knowledgeable in this area in order to get some expert guidance. I’m really ...Read more
I have a question about declaring bankruptcy. I am aware that I can get this information online; nevertheless, I wished to make a connection with anybody who is knowledgeable in this area in order to get some expert guidance.
I’m really interested in the kinds of debts that don’t go away when you file for bankruptcy. Please tell me what these debts are.
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It's a very nice and worth asking question. There are some certain debts that cannot be discharged in bankruptcy, but i know only 3. One of those debts are student loans. In most cases, student loans are not discharged unless the debtor can prove undue hardship. If a debtor obtained credit or incurrRead more
It’s a very nice and worth asking question. There are some certain debts that cannot be discharged in bankruptcy, but i know only 3.
One of those debts are student loans. In most cases, student loans are not discharged unless the debtor can prove undue hardship.
If a debtor obtained credit or incurred debt through fraudulent means or misrepresentation, those debts might not be dischargeable.
Also, debts related to criminal restitution or fines ordered by a court are typically not dischargeable.
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