Is there a way to avoid repaying certain creditors when filing for Chapter 7 Bankruptcy?

When filing for Chapter 7 Bankruptcy in South Carolina, there is a way to avoid repaying certain creditors. This is called a "Discharge of Debts". A Discharge of Debts allows certain creditors to be excluded from the bankruptcy proceedings entirely, meaning the debtor is not required to repay them. This is useful for debts that are considered non-dischargeable, such as student loans or alimony. In order to achieve a Discharge of Debts, the debtor must file a motion with the court. This motion must include information about the creditors and the debt that is to be excluded from the Bankruptcy proceedings. If the court approves the motion, the creditor will receive a notice of discharge, which will relieve them of their obligation to repay the debt. In some cases, creditors may agree to a Discharge of Debts on their own. This can be done by submitting a written statement to the court that states the creditor agrees to a Discharge of Debts in exchange for certain conditions. This can include a reduced payment plan or a delayed repayment schedule, for example. If the court approves the agreement, the debtor will be relieved of the obligation to repay the creditor. Overall, a Discharge of Debts is a great way for debtors in South Carolina to avoid repaying certain creditors when filing for Chapter 7 Bankruptcy. It can allow them to focus on repaying the debts that are more likely to be discharged and can provide much needed relief from financial hardship.

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Is there a way to avoid repaying certain creditors when filing for Chapter 7 Bankruptcy?

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