What is a non-dischargeable debt?

A non-dischargeable debt is a type of debt that cannot be cancelled or eliminated by filing for bankruptcy in Oregon. This means that the individual who is filing for bankruptcy still must pay back the loan or credit card balances even if they receive a discharge from the bankruptcy court. Examples of non-dischargeable debt include income taxes, student loans, child support, alimony, and certain types of fines. In Oregon, non-dischargeable debt includes any loan or balance that was acquired by fraudulent means or was the result of malicious or criminal behavior. Additionally, any debt that was incurred while the individual was operating a business that was not properly licensed may also be non-dischargeable. Creditors who are owed non-dischargeable debt have the right to pursue legal action in order to collect what is owed. This includes the right to file a lawsuit and the right to take possession of any property that may have been used to secure the loan. The creditor also has the right to take the individual to court for contempt if they fail to pay. Non-dischargeable debt can be discharged through certain legal means, such as a settlement or an agreement with the creditor.

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What is a non-dischargeable debt?

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