Non-Dischargeable Bankruptcy Debts
Under U.S. bankruptcy law, there are certain debts that may be completely discharged during bankruptcy proceedings. Typically, the court clerk will mail an order of discharge to the individual’s creditors, the trustees, and the debtor once the discharge has been approved. Although certain debts may be discharged, there are specific types of debt that may not be completely discharged during bankruptcy.
If you are facing a dire financial situation and are considering filing for bankruptcy, contact the Austin bankruptcy attorneys of Slater, Kennon & Pugh Ltd.LLP at 512-338-1100 today to discuss your legal options.
Types of Non-Dischargeable Debts
Debts that may not be discharged during bankruptcy often include:
- Tax claims
- Child support
- Alimony
- Student loan debts
- Debts to governmental entities
- Debts owed for personal injury settlements or property damage
- DWI debts
- Debts for certain housing fees
It is important to note that different types of bankruptcy may have different rules regarding the discharge of debts. For example, debts that may be discharged under Chapter 13 bankruptcy proceedings may not be dischargeable under Chapter 7 bankruptcy. The court may also deny a request for discharge for varying reasons including fraud, failure to provide requested documents, concealment of property, failure to account for assets, as well as many other reasons.
Contact Us
During times of financial crisis, people may feel that they have no options and no one to turn to. If you are facing serious financial troubles, contact the Austin bankruptcy lawyers of Slater, Kennon & Pugh Ltd.LLP at 512-338-1100 to schedule a free consultation.