What debts can I discharge in bankruptcy?

In Rhode Island, bankruptcies are governed by federal law and include Chapter 7, Chapter 11, and Chapter 13. Generally, the types of debts that you can discharge in bankruptcy are those that are considered “unsecured” debts. Unsecured debts are those that are not backed by property or other assets, such as credit card debt, medical bills, personal loans, payday loans, and certain other unsecured debts. Bankruptcy won’t necessarily discharge all types of debt. Debts that are typically not discharged include student loan debt, alimony, child support, taxes, and debts that you incurred through fraud or injury. In Rhode Island, if you file for Chapter 7 bankruptcy, you may be able to discharge more of your debts. Chapter 7 bankruptcy is generally available to those with low incomes and it allows you to discharge most of your unsecured debts, including credit card debt and medical bills. However, it does not usually discharge debts like student loan debt, alimony, child support, and certain taxes. If you are considering filing for bankruptcy, you should speak with an experienced bankruptcy attorney to determine if bankruptcy is right for you and to learn more about the different types of debts that you can discharge in bankruptcy. An attorney can also help you understand exactly which debts you may be able to discharge, and which debts you may have to continue to pay off.

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What debts can I discharge in bankruptcy?

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