What debts can I discharge in bankruptcy?

In Delaware, individuals and businesses can file for either Chapter 7 or Chapter 13 bankruptcy. In both of these types of bankruptcies, eligible debts are discharged, meaning the borrower no longer has to pay them. In a Chapter 7 bankruptcy, some of the most common types of debts that can be discharged include credit card debt, medical bills, payday loans, personal loans, and utility bills. Other types of unsecured debts, such as money owed to family members or previous landlords, can also be discharged. In a Chapter 13 bankruptcy, debts such as mortgages, car loans, and other secured debts may also be discharged. In addition, some unsecured debts are also dischargeable in a Chapter 13 such as credit card debt and medical bills. In a Chapter 13 bankruptcy, some debts are not dischargeable, such as student loans, child support payments, and taxes owed to the government. No matter what type of bankruptcy is filed, individuals who file for bankruptcy in Delaware should work closely with their bankruptcy attorney to ensure all eligible debts are discharged. This helps to ensure a successful bankruptcy and a fresh start after debt relief.

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What debts can I discharge in bankruptcy?

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