What debts are dischargeable in bankruptcy?

In Indiana, certain debts are dischargeable in bankruptcy. This means that these debts can be eliminated by a court order. These debts include most unsecured debts like credit cards; personal loans; medical bills; utility bills; store credit cards; overdue rent; and income taxes that are more than three years old. Other types of dischargeable debts include wage garnishments and judgments. In addition, Indiana bankruptcy will discharge debt resulting from breach of contract, fraud, or a personal injury award. This includes debts for damaged or destroyed real estate or personal property. It also includes debts resulting from fraudulent activities, like writing bad checks. Bankruptcy will not discharge all types of debts, however. Most student loans, alimony, and child support are not covered. Certain taxes and debts resulting from intentional injury are also not dischargeable in bankruptcy. Additionally, debts that were incurred after a bankruptcy case is filed and debts that were not listed in the bankruptcy filing are not dischargeable. Therefore, it is important to work with a qualified bankruptcy attorney to ensure that all applicable debts are listed in the bankruptcy filing. This will ensure that they are fully discharged in the bankruptcy process.

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What debts are dischargeable in bankruptcy?

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