What debts can I discharge in bankruptcy?

If you declare bankruptcy in Maryland, you may be able to discharge most of your debts. This means that after you file for bankruptcy, the court may let you pay back a portion of your debts or absolve you of many of them entirely. Many of the more common debts that can be discharged in bankruptcy include credit card debt, medical bills, personal loans, and other types of unsecured debt. Some secured debts, such as car payments, can be discharged as well. Certain taxes, student loan debt, alimony, and child support are some of the few exceptions that cannot be discharged in a Maryland bankruptcy case. Other than these few exceptions, most debt can be discharged in a Maryland bankruptcy case. In some cases, the bankruptcy court may also decide to make a repayment plan for a certain portion of the debt in which the debtor is required to pay a certain amount each month. This is often a better option than complete debt relief as it allows the debtor to rebuild their credit and pay off their debt in a more timely fashion. Overall, declaring bankruptcy in Maryland can be a helpful way to reduce or even discharge many of your debts. You should always seek legal advice before attempting to file for bankruptcy in Maryland to ensure that all of your debts will be eligible for discharge.

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What debts can I discharge in bankruptcy?

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