Does filing for bankruptcy eliminate debts such as child support and alimony?

Filing for bankruptcy in Minnesota does not eliminate certain types of debts, such as child support or alimony. These types of debts are considered non-dischargeable, meaning that bankruptcy does not erase the responsibility to pay them. In other words, the debtor is still obligated to pay these debts, even after filing for bankruptcy. According to Minnesota bankruptcy law, even if a debtor does not have the means to pay these types of debts, they remain liable for them until the debts are satisfied. Although bankruptcy can help the debtor to reduce the amount owed and can provide a way to pay off these debts in manageable installments, the debt still must be paid in full at some point. In addition, a court may also take assets away from the debtor to help satisfy the debt, such as income, property, and retirement accounts. Even with bankruptcy, the debtor is still responsible for paying off any debts incurred due to child support or alimony. To summarize, filing for bankruptcy in Minnesota does not eliminate debts that are considered non-dischargeable, such as child support or alimony. The debtor is still responsible for paying these debts, and the court may take assets away to help satisfy the debt. However, bankruptcy can help the debtor to reduce the amount owed and can provide a way to pay the debt off in manageable installments.

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Does filing for bankruptcy eliminate debts such as child support and alimony?

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