Are there any types of debt that will survive a bankruptcy discharge?
In Delaware, certain types of debt are considered “non-dischargeable”, meaning they are not erased in bankruptcy. This includes most taxes, child support, alimony, student loan debt, and court fines and penalties. In addition, some other kinds of debt may not be erased if a creditor files an objection in court. Generally, debts that are wiped away in a bankruptcy are unsecured, meaning they are not backed by collateral like a car or a house. Credit card debt, medical bills, certain personal loans, and other debts are usually dischargeable. But keep in mind that there are some exceptions, such as debt incurred through fraud or misrepresentation. Overall, it is important to know that some debt will survive a bankruptcy discharge. This means that even if you are able to erase some debt, the debt that is “non-dischargeable” will still be owed. Therefore, it is important to speak with a bankruptcy attorney to better understand what debt you will still be responsible for after filing for bankruptcy in Delaware.
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