What Debts Are Discharged In Chapter 7
Dischargeable
- Personal loans
- Credit cards
- Repossession deficiencies
- Auto accident claims
- Medical bills
- Judgments
- Business debts
- Leases
- Guaranties
- Negligence claims
- Tax penalties over three years old
- Income taxes that aren’t priority taxes
Possibly Dischargeable
- Willful and malicious injuries to others
- Embezzlement
- Debts incurred by fraud or dishonesty
- Debts arising from breach of fiduciary duty
These are only not discharged if a creditor promptly takes action to contest the discharge of his claim. Learn more about credit card dischargeability here.
Not Dischargeable
- Recent taxes
- Trust fund taxes
- Child or family support
- Criminal fine or restitution
- Accident claims involving intoxication
- Debts not scheduled
- Penalties payable to the government other than tax penalties
- Student loans
- Debts listed in prior bankruptcy where debtor was denied a discharge
- Taxes for years where return unfiled or filed for less than 2 years
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