What debts can I discharge in bankruptcy?

In Massachusetts, bankruptcy can be a helpful tool for those struggling with overwhelming debt. Bankruptcy offers the possibility of discharging many of your debts, allowing you to start fresh and build a healthier financial future. When filing for bankruptcy in Massachusetts, each debtor can discharge most unsecured debts. This includes credit card debt, medical debt, utility bills, personal loans, and certain other debts. You may also be able to discharge some secured debts, such as car loans, if the creditor has not perfect the security interest by filing a lien against the car. Certain debts are not dischargeable in bankruptcy in Massachusetts. These include student loan debt, alimony payments, child support payments, criminal fines, and certain taxes. Additionally, any debt obtained through fraud or misrepresentation is non-dischargeable, as well as any debt resulting from willful or malicious acts, such as embezzlement or willful destruction of property. It is important to consult an attorney when considering filing for bankruptcy. An attorney can help you understand which debts can and cannot be discharged in bankruptcy. They can also help you understand the different options available to you in Massachusetts, so you can make the best decision for your financial situation.

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What debts can I discharge in bankruptcy?

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