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 Wisconsin. Generally speaking, the types of debt that will survive bankruptcy are student loans, child support payments, alimony payments, and other debts that are considered to be “non-dischargeable”. This means that even after filing for bankruptcy, you will still be legally obligated to repay these debts. Additionally, if you have any co-signed loans, the lender may still be able to seek payment from the co-signer even after your bankruptcy discharge. Tax debt is another type of debt that will not be discharged through bankruptcy in Wisconsin. This includes federal income taxes, state income taxes, and any taxes that are currently due. In some cases, a bankruptcy filing can delay the collection of these taxes, but without the full repayment of the taxes, the debt will remain. Finally, certain types of restitution from criminal cases are not dischargeable in Wisconsin bankruptcy law. This includes restitution payments for crimes that resulted in injury or financial loss to another person. As such, you will still be responsible for repaying any restitution payments even after filing for bankruptcy. Overall, there are some types of debt that will survive a bankruptcy discharge in Wisconsin. These include student loans, child support, alimony, co-signed loans, taxes, and restitution payments from criminal cases. It is important to note that these types of debt should still be fully repaid, even after filing for bankruptcy.
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