Understanding Dischargeable And Nondischargeable Debt

People who are considering bankruptcy as a debt relief option can struggle with a wide variety of debts. As you consider the best approach to take to obtain the relief you need, it is important that you have a thorough understanding of what Chapter 7 and Chapter 13 bankruptcy can and cannot do for you and the difference between a nondischargeable and a dischargeable debt. A Hartford County attorney can explain your options.

At Advanced Bankruptcy Legal Services of Connecticut, we dedicate our practice to consumer bankruptcy. During our decades of experience practicing bankruptcy law, we have helped countless Connecticut clients resolve their financial struggles and give them the fresh start they need. The first step in many cases is determining which debts can be discharged in bankruptcy and which ones cannot.

Nondischargeable Debt

While a majority of debts can be discharged in bankruptcy, including medical bills, credit card bills, mortgage loans, home equity lines and others, there are some that cannot. The following types of debts are typically not able to be discharged in bankruptcy:

  • Income tax debts less than three years old
  • Student loan debts, unless you can prove undue hardship in an adversary proceeding against the government
  • Alimony and child support, although arrearages for these types of debts can be repaid in a Chapter 13 bankruptcy
  • Certain criminal fines and claims involving moral turpitude, fraud or intentional and malicious injuries

When you choose us to handle your bankruptcy, we will conduct a thorough review of your financial situation and help you understand which debts can be discharged. If there are debts you want to discharge that are not eligible, we will work with you to find a solution that fits your needs.

Talk To A Lawyer About Your Debt Relief Needs

Contact our office to discuss your questions regarding dischargeable and nondischargeable debt. We serve the state of Connecticut and offer a free initial consultation to all new clients. Call our New Britain office at 860-674-8003 or our Bloomfield office at 860-242-0574 or email us to schedule a free consultation.