What debts are dischargeable in bankruptcy?

In Kansas, several types of debt are dischargeable in bankruptcy. Generally, debt discharged in bankruptcy is any debt that the court grants a debtor relief from. This includes credit card debt, medical bills, mortgage debt, and certain types of income taxes. In addition to the above, certain student loan debts, private loan debts, and certain types of leases are also dischargeable in bankruptcy. Student loan debt typically requires a showing of undue hardship, and the private loan debt must have been taken out more than two years before the bankruptcy filing. The most important thing to remember is that certain debts are not dischargeable in bankruptcy, regardless of location. This includes child support arrears, alimony, taxes, debts for money or property acquired through fraud, debts for intentional injury, and most government fines and penalties. Finally, it is important for debtors to understand that not all debts are dischargeable in bankruptcy, and some may require additional legal action. If you have any questions or concerns about what debts are or are not dischargeable in bankruptcy, it is important to contact an experienced bankruptcy attorney in Kansas for assistance.

Related FAQs

What is the difference between a bankruptcy trustee and a bankruptcy lawyer?
Does filing for bankruptcy eliminate debts such as child support and alimony?
How do I know if I am eligible for Chapter 7 or Chapter 13 bankruptcy?
Which debts cannot be discharged in bankruptcy?
What is creditor reaffirmation?
How do I know if I'm eligible to file for bankruptcy?
Are there any sites where I can get reliable information about bankruptcy law?
What do I do with any unexpired leases or contracts when filing for bankruptcy?
How does filing for bankruptcy affect my retirement benefits?
What is considered a non-dischargeable debt?

Related Blog Posts

What is Bankruptcy Law? - July 31, 2023
What Are the Most Popular Types of Bankruptcy? - August 7, 2023
How to Choose the Right Bankruptcy Attorney for Your Case - August 14, 2023
Understand the Consequences of Not Filing for Bankruptcy - August 21, 2023
How to Avoid Bankruptcy With Financial Self-Management - August 28, 2023