What Is "Non-Dischargeable" Debt?
Dischargeable vs. Non-Dischargeable Debt
Although filing for bankruptcy is a practical way to free yourself from overwhelming debt, it is important to understand that not all debts can be discharged by the court.
Dischargeable Debt Examples
You would be absolved of the responsibility to pay the following debts:
- Medical bills
- Credit card debt
- And outstanding collection agency accounts
Non-Dischargeable Debt Examples
The following debts will not be wiped out during this process, such as:
- Student loans
- And child support debt
For this reason, it is highly recommended that you weigh the pros and cons of filing for bankruptcy before moving forward with your case.
When you sit down with the Kansas bankruptcy attorney from Kansas Bankruptcy Center, you will have the opportunity to take an in-depth look at your debt and subsequently determine an effective course of action. Give us a call at (316) 613-0952 or contact us online to schedule a free consultation.
What Type of Debt Would Be Excluded from Bankruptcy?
If you have considered filing for bankruptcy, it is imperative that you understand the difference between dischargeable and non-dischargeable debt.
Listed below are some of the debts that would be excluded from the bankruptcy process:
- Student loans
- Spousal / child support
- Parking tickets & toll fines
- State & federal taxes
- Damages for DUI
- Government fines
- Housing & rental fees
Weigh Your Options Under the Guidance of Our Firm
Unsure of whether or not bankruptcy is the right choice for you? If so, you should not hesitate speak with the Kansas bankruptcy lawyer at Kansas Bankruptcy Center as soon as possible. We understand that you may be anxious to resolve your debt-related issues once and for all, but we encourage you to explore your options before making a final decision.
Take advantage of a free initial consultation with our experienced firm. Simply pick up the phone and contact our firm today at (316) 613-0952 or submit a complimentary case evaluation form online.