Are there any debts that cannot be discharged in bankruptcy?

Yes, there are some debts that cannot be discharged in bankruptcy in Indiana. These debts fall into two categories: those that are listed as "non-dischargeable" debts in the Bankruptcy Code and those debts that Indiana law defines as non-dischargeable. The most common type of nondischargeable debt listed in the Bankruptcy Code is taxes owed to the IRS or a state. In addition to taxes, the Bankruptcy Code also contains a longer list of non-dischargeable debt including obligations to pay child support or alimony, debts related to fraud, debts related to federal student loans, and debts stemming from personal injury caused by the debtor while operating a motor vehicle while intoxicated. In addition to those debts listed in the Bankruptcy Code, Indiana also has other non-dischargeable debts, such as fees and fines owed to the state or a municipality, money received in a criminal restitution order, debts owed to a former spouse or a former domestic partner, and debts owed to certain financial institutions. When filing for bankruptcy, it is important to be aware of the different types of debt that cannot be discharged, as failure to do so could lead to the bankruptcy case being dismissed or the discharge being denied. It is also important to be aware of the different state laws that can make a debt non-dischargeable, as some state laws might not be included in the Bankruptcy Code. A qualified bankruptcy attorney can provide guidance and advice on the various types of debt and the legalities of filing for bankruptcy in Indiana.

Related FAQs

What is the difference between Chapter 7 bankruptcy and Chapter 13 bankruptcy?
Will bankruptcy discharge the entire amount of debt owed?
What are the consequences of filing for bankruptcy?
What is the difference between a discharge and a dismissal?
What type of information will I need to provide to my attorney before filing for bankruptcy?
What is a reaffirmation agreement?
Are there additional filing fees associated with filing for bankruptcy?
How often can I file for bankruptcy?
Are there any assets that I will not be able to keep in bankruptcy?
How can I find a qualified bankruptcy attorney?

Are there any debts that cannot be discharged in bankruptcy?

Related FAQs

Related Blog Posts