What debts are dischargeable in bankruptcy?

In Maryland, certain types of debt can be discharged in bankruptcy. Debts that are discharged include credit card debt, medical bills, utility bills, personal loans, and certain tax debts. However, there are certain types of debt that are not dischargeable. These include most student loan debt, alimony, and child support. Additionally, if you file for Chapter 7 bankruptcy, certain debts from luxury purchases made within 90 days of filing may not be dischargeable. When filing for bankruptcy in Maryland, it’s important to understand the types of debt that cannot be discharged. The court will decide which forms of debt are eligible for discharge. To determine if a debt is dischargeable, the court will examine the type of debt, the amount of debt, when the debt was created, and the purpose of the debt. It’s also important to understand that you may be unable to gain a complete discharge of all of your debts in bankruptcy. Depending on your situation, the court may only discharge some of your debts and rule that the rest must be paid. Additionally, if you file for Chapter 13 bankruptcy, you may be required to make payments on some of your non-dischargeable debts. Bankruptcy can provide relief from overwhelming debt, but it’s important to understand which of your debts may be dischargeable. Knowing which debt is eligible for a discharge can help you create a plan for managing your debt and give you a better chance for a successful outcome.

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What debts are dischargeable in bankruptcy?

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