Will Chapter 7 Bankruptcy wipe out all my debts?

  • Julie

    khoảng 1 10 năm trước
  • Will Chapter 7 Bankruptcy Wipe Out My Debts?

    The answer is NO. Chapter 7 does not cancel the following debts:

    Secure Debts

    Most of income taxes incucred in the last three years.

    All Student Loans, unless you qualify for a hardship discharge.

    Child and Spousal Support.

    Any money that you owe as a result of being sued for drunken driving.

    Your debts also will not cancelled if a creditor proves that you lied about how much money you have, tried to hide some of your property of committed fraud.

  • mimican

    khoảng 1 10 năm trước
  • wow, so what chapter 7 bankruptcy does allowed then? and how much as the limit for filing bankruptcy?

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