Certain debts cannot be discharged, meaning they will not be wiped out should you choose to file bankruptcy. If you file for Chapter 7 bankruptcy, you’ll still owe these nondischargable debts even after your bankruptcy case is over. If you file for Chapter 13 bankruptcy, you will have to pay these debts in full as part of your repayment plan.
The following are types of nondischargable debts:
- Tax debts
- Student loans (in most cases)
- Some cash advances and debts for luxury items incurred just before filing for bankruptcy
- Debts owed for child support or spousal support
- Debts for personal injury or death caused by your drunk operation of vehicle
- Debts from fines or penalties imposed for breaking the law
JacksonWhite offers a free bankruptcy consultation where we can discuss your specific debts and help determine if bankruptcy is the right option for you. Call Arizona bankruptcy attorney Benjamin Skinner at 480 648-8975 today!