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What debts are not released by bankruptcy?

April 26, 2017Bankruptcy debts released

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10 Posted

What debts are not released by bankruptcy?

3 Answers

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Regine Kelly Posted

An experienced bankruptcy attorney could discuss other debts you may seek to eliminate.

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Some debts are not released, such as an award for damages in respect of an assault, alimony, spousal or child support, debt arising out of fraud, any court fine, debts or obligations for student loans when the bankruptcy occurs within ten years after the bankrupt has ceased to be a student.

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Some debts are not released, such as an award for damages in respect of an assault, alimony, spousal or child support, debt arising out of fraud, any court fine, debts or obligations for student loans when the bankruptcy occurs within seven years after the bankrupt has ceased to be a student.