One of the biggest benefits of a bankruptcy filing is that it allows the filer to discharge certain debts. When debts are discharged, they are no longer the responsibility of the bankruptcy filer. While the various chapters of bankruptcy determine what debts are discharged, there are some debts which cannot be discharged under any chapter. Knowing which debts cannot be discharged can be important in determining whether or not filing for bankruptcy can help you.
There are a number of debts which cannot be discharged through bankruptcy filings, according to the United States Bankruptcy Code. Some examples include:
- Some types of tax claims
- Debts stemming from alimony or child support claims
- Debts related to willful destruction of property or malicious injury of persons
- Governmental fines
- College loans
- Some housing or condo fees
- Some debts related to injuries caused by operating a motor vehicle while intoxicated, or medical malpractice
Understanding which debts can be discharged and which cannot may be difficult for the uninitiated. It can be beneficial to discuss your case with an experienced Milwaukee bankruptcy attorney.
If you or someone you love is considering filing for bankruptcy and is unsure whether such a move would be beneficial in your particular situation, the Milwaukee bankruptcy attorneys of the DeLadurantey Law Office, LLC may be able to help. Contact us today by calling 414-377-0518.