What types of debt can be discharged through bankruptcy?

In Maryland, several types of debt can be discharged through bankruptcy. The most common type of debt discharged in bankruptcy is unsecured debt, such as credit card debt, medical bills, and loans. Bankruptcy can also be used to discharge secured debt, such as mortgages and car loans, if the property has been surrendered or the debt has been reaffirmed. Additionally, certain types of taxes can be discharged, such as taxes that are more than three years old or taxes that have not been assessed within the last 240 days. Student loan debt is typically not dischargeable, except in rare cases where the debtor can prove that the loan will cause them an undue hardship. Alimony and child support payments are also generally not dischargeable. Also, debts incurred by fraud or malicious acts are not dischargeable. Finally, certain types of fines or penalties, such as those related to criminal activity, are not dischargeable. In general, bankruptcy can be a helpful tool for reducing or eliminating certain types of debt. However, it is important to determine if the debt is eligible for discharge before attempting to use bankruptcy to eliminate it. Consulting a bankruptcy attorney can help to ensure that all applicable rules are followed and that the bankruptcy process is conducted properly.

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What types of debt can be discharged through bankruptcy?

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