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What types of debt are non-dischargeable?

If, like many Fort Lauderdale residents, you have more debt than you can manage on your own, you might consider filing for bankruptcy. However, it is important for you to know that not all kinds of debt can be discharged through a Chapter 7 bankruptcy. Understanding the basics of how bankruptcy works may help you be prepared for what you still may be obligated to repay.

According to the Administrative Office of the U.S. courts, you will still be responsible for the following types of debt after a bankruptcy:

Debt not disclosed in your bankruptcy filing – Any debt you fail to disclose during your bankruptcy will remain your obligation.

Debt to the government – This includes fines and penalties, as well as certain types of tax debt.

Alimony and child support – You cannot have court-ordered support debt discharged, and will be required to pay back any amount you owe to a child or ex-spouse.

Student loans – Educational loans funded by the government or guaranteed are non-dischargeable.

Debt resulting from a criminal conviction – If you were ordered to pay an injury victim due to a drunk driving accident you caused, or for a willful and malicious injury conviction, you must repay this debt.

When you are hoping to be relieved of an overwhelming financial burden and are told that some of your debt is non-dischargeable, it can seem discouraging and hopeless. However, you may take heart in learning that many other types of debt, such as credit card loans and medical debt, may be dischargeable. Eliminating some of your debt through bankruptcy may make it easier to address the obligations you are still required to pay. This information is meant for general purposes only and should not take the place of a lawyer's advice.

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