Which debts cannot be discharged in bankruptcy?

In North Carolina, there are certain debts that cannot be discharged in bankruptcy, which means these debts will remain even after filing for bankruptcy. Examples of these debts include back taxes, court-ordered alimony, child support and other domestic support obligations, student loans, court fines and criminal restitution orders, certain dischargeable taxes, debts obtained by false pretenses, willful or malicious injury, certain luxury goods purchased within 90 days prior to filing, and any debt incurred to pay off a non-dischargeable debt. Some debts that can be discharged, or eliminated, in bankruptcy include medical bills, credit card debt, personal loans, most civil judgments, and some tax debts. In some cases, a creditor may contest the discharge of a debt. In order to successfully do this, the creditor must demonstrate to the court that the debt was incurred through fraud, misrepresentation, or other wrongful means. The creditor must also demonstrate that the debt is not among those excluded from being discharged in bankruptcy. Each case is unique and should be discussed with a qualified bankruptcy attorney to determine the best course of action.

Related FAQs

Is bankruptcy the best option for me?
Will filing for bankruptcy stop a lawsuit?
What are some of the potential pitfalls to filing for bankruptcy?
What is the difference between secured and unsecured debt?
What debts can I discharge in bankruptcy?
How can I protect co-signers from being affected by my bankruptcy?
What will happen to my co-signers if I file for bankruptcy?
What is creditor reaffirmation?
How often can I receive a bankruptcy discharge?
What are the restrictions for filing for bankruptcy?

Which debts cannot be discharged in bankruptcy?

Related FAQs

Related Blog Posts