What types of debt can be discharged through bankruptcy?

Bankruptcy is a process that allows people and businesses to discharge, or get rid of, certain debts. In Texas, debtors can generally discharge credit card debt, medical bills, personal loans, certain taxes, and judgments from lawsuits. Bankruptcy can also help discharge debts such as past due rent or utility bills, certain types of alimony or child support, business debts, and civil judgments. Generally, any debt that is unsecured (not secured by collateral) can be discharged in a Chapter 7 bankruptcy. When filing bankruptcy, it is important to make sure all the debts you would like to have discharged are listed. Some debts, such as student loans, alimony and child support obligations, certain taxes, and fraud related debts, cannot be discharged in bankruptcy and must be paid back. It is important to know that the bankruptcy court will review and determine which debts can be discharged during the bankruptcy process. Depending on the type of bankruptcy and your individual circumstances, some debts may not be discharged. It is always best to speak with an experienced bankruptcy lawyer to discuss your specific situation and make sure that all of your debts have been properly listed.

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