Are there any types of debt that will survive a bankruptcy discharge?
Yes, there are some types of debt that will survive a bankruptcy discharge in Colorado. Examples of such debt include domestic support obligations, such as alimony, child support, and spousal maintenance; certain taxes; student loan debt; debt incurred to pay non-dischargeable taxes; fraud or embezzlement related debt; and debt due for personal injuries or fatalities caused by your negligence while driving under the influence. Furthermore, if you incurred debt to purchase luxury goods, such as jewelry or expensive cars, within ninety days prior to filing for bankruptcy, this debt may also be declared non-dischargeable. The law also prohibits you from discharging any debt that was incurred through false pretenses, misrepresentation, or fraud. If you have any questions or concerns about whether a certain type of debt is dischargeable in Colorado, it is best to consult a bankruptcy lawyer for advice. The bankruptcy court in Colorado will review your situation and determine which of your debts can be discharged. Once the court has made its decision, you will be able to determine what debt will survive a bankruptcy discharge in Colorado.
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