What debts are dischargeable in bankruptcy?

In Massachusetts, bankruptcy law generally allows most debts to be discharged, or wiped away, as part of the bankruptcy process. This includes credit cards, medical bills, personal loans, and other unsecured debts. Secured debts, such as mortgages and car loans, can also be discharged, but the debtor must surrender the property securing the loan in order for the debt to be discharged. Additionally, some debts cannot be discharged in bankruptcy, including court-ordered child support or alimony, certain taxes, and certain types of student loans. Debtors should always consult with a bankruptcy lawyer to determine which debts are dischargeable in bankruptcy, as some debts are discharged in Chapter 7 bankruptcy, but not in Chapter 13 bankruptcy. Additionally, certain debts may have to be paid in full or partially paid back in a Chapter 13 repayment plan over a three or five year period. In order to determine whether a debt is dischargeable and to understand the debtor’s rights and obligations in a bankruptcy case, it is important to speak to a qualified bankruptcy attorney.

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What debts are dischargeable in bankruptcy?

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