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 Texas. These are called "non-dischargeable debts" and include certain types of taxes, alimony and child support payments, student loan debt, and any money owed that resulted from fraud or embezzlement. Tax debts will typically not be wiped out in a bankruptcy. This includes taxes owed from the past three years as well as any taxes that were due within 240 days of filing for bankruptcy. If you do not pay these taxes, the IRS can still collect the debt even after bankruptcy. Likewise, alimony and child support payments will not be discharged in bankruptcy. Creditors will try to collect these debts even after bankruptcy. If you took out a student loan in order to attend school, that debt will almost certainly survive the bankruptcy as well. Student loan debt is usually unaffected by bankruptcy, so you will continue to be responsible for making payments. Additionally, any money owed due to fraud or embezzlement will survive bankruptcy, as these debts are deemed non-dischargeable. In summary, some types of debt that will survive a bankruptcy discharge in Texas include taxes, alimony and child support payments, student loan debt, and any money owed that resulted from fraud or embezzlement.
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