What debts are dischargeable in bankruptcy?

In California, certain debts are considered dischargeable in bankruptcy. These debts can be forgiven and no longer owed. Common dischargeable debts include most unsecured debt, such as medical bills, credit card debt, and personal loans. Tax debt is typically dischargeable as well, but only if a certain number of years has passed since the tax was due. Besides unsecured debt, some secured debt can also be forgiven in bankruptcy, such as car loans and home mortgages. Not all debts are dischargeable in bankruptcy, however. Alimony and child support payments are non-dischargeable, meaning that the debtor must still pay these debts even after filing for bankruptcy. Student loan debt is generally not dischargeable either, although there are some exceptions depending on the type of loan and the unique circumstances of the case. When filing for bankruptcy in California, it is important to understand which debts are dischargeable and which are not. Doing so can help the debtor make an informed decision regarding which type of bankruptcy they should file. It is also important to note that some debts may be partially dischargeable, meaning that only a portion of the debt is forgiven. In these cases, it is important to review the specific terms of the debt and consult with a bankruptcy attorney before making any decisions.

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