Which debts cannot be discharged in bankruptcy?

Bankruptcy law in Nebraska can provide debt relief, but not all debts can be discharged in bankruptcy. Generally, most types of taxes, child and spousal support, student loans, and debts incurred due to fraud or malicious intent cannot be discharged in bankruptcy. Taxes are not dischargeable in bankruptcy since the government has a claim on all assets that cannot be taken away by a bankruptcy. This includes federal, state, and local taxes that are less than 3 years old. Obligations to pay child and spousal support are also not eligible for discharge in bankruptcy. This is an important obligation that must be paid regardless of filing for bankruptcy. Student loans are also a type of debt that generally cannot be discharged in bankruptcy. This includes federal and private student loans used for educational expenses, such as tuition and books. Debts incurred due to fraud or malice are also not eligible for discharge in bankruptcy. This includes debts resulting from false or misleading statements made to creditors. Additionally, debts incurred due to gambling, embezzlement, or other malicious actions, like buying goods with fraudulent intent, are also not eligible for discharge in bankruptcy. In summary, there are certain debts that cannot be discharged in bankruptcy. This includes taxes, child and spousal support, student loans, and debts incurred due to fraud or malicious intent. It is important to know which debts are not eligible for discharge in order to make an informed decision before filing for bankruptcy.

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Which debts cannot be discharged in bankruptcy?

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