What Debts Will Bankruptcy Get Rid Of?
An excerpt from Bankruptcy: A New Beginning by Seth Hanson
Generally speaking, the types of debts that are dischargeable include credit cards, personal loans, medical debt, judgments, payday loans, loans from family and friends, and debts for mistaken overpayment of government benefits.
The type of debts that are generally not discharged in bankruptcy include alimony, child support, student loans, most taxes, debts incurred by fraud, debts incurred from embezzlement, debts incurred without the intent to repay them, damages resulting from drunk driving, and penalties and fines imposed by a court for breaking the law.
For more information contact your Stockton bankruptcy attorney.
Categorized in: Debt