Are there any types of debt that will survive a bankruptcy discharge?

Yes, there are certain types of debt that will survive a bankruptcy discharge in the state of Florida. Examples of debt that will survive bankruptcy include taxes, alimony/child support, government fines, student loans, and debts stemming from personal injury or death due to another’s negligence. Taxes are a type of debt that is never discharged, regardless of whether or not a person files for bankruptcy. This means that even after a bankruptcy is declared, any previously unpaid back taxes will remain. Alimony and child support remain in place throughout the bankruptcy process and debtors are still obligated to make payments; any non-payment could lead to criminal charges. Government fines, such as those from local or state ordinances, are another form of debt that will not be discharged during a bankruptcy filing. Student loans are also non-dischargeable debt, but there may be ways to reduce or even eliminate the debt through hardship applications or bankruptcy proceedings. Lastly, if someone is found to be at-fault for injury or death caused to another, any debts associated with the incident cannot be discharged in a bankruptcy filing. This includes any court fees, medical bills, and/or legal costs related to the incident. Therefore, while filing for bankruptcy can provide relief from certain types of debt, it does not eliminate all forms of debt, and it is important to understand which ones will remain even after a bankruptcy is declared.

Related FAQs

Is it possible to have a bankruptcy case dismissed?
How does filing for bankruptcy affect my retirement benefits?
How can I find a qualified bankruptcy attorney?
Are there any exceptions to the automatic stay issued when filing for bankruptcy?
Are there any special provisions for filing for bankruptcy as a business?
What are the differences between filing for Chapter 7 and Chapter 13 bankruptcy?
Will filing for bankruptcy stop repossession?
How do I convert my bankruptcy case from a Chapter 7 to a Chapter 13?
Are there any limits to my spending during the bankruptcy process?
Are there any debts that cannot be discharged in bankruptcy?

Are there any types of debt that will survive a bankruptcy discharge?

Related FAQs

Related Blog Posts