Which debts cannot be discharged in bankruptcy?

In the state of Colorado, certain debts cannot be discharged in bankruptcy. These types of debts are known as “non-dischargeable debts.” Generally speaking, non-dischargeable debts include child support and alimony payments; student loan payments; taxes; debts that arise from willful or malicious injury to another person or their property; debts that arise from fraud; and debts from personal injury, like an automobile accident. Non-dischargeable debts can also include damages awarded in a civil lawsuit for actions of a debtor that were negligent or intentional and harmed another person or their property. Furthermore, debts from criminal restitution orders and fines are non-dischargeable. It is important to note that debts can become non-dischargeable if the debtor fails to appear at a creditors’ meeting or if the bankrupt person fails to turn over their assets to the bankruptcy trustee or fails to list all of their property or creditors. Ultimately, it is very important to understand which debts are dischargeable and which debts are non-dischargeable in the state of Colorado. Knowing this information will allow a debtor to make informed decisions about which debts they should attempt to discharge and which debts they should attempt to negotiate.

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Which debts cannot be discharged in bankruptcy?

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