Home » Bankruptcy Law » Dischargeable and Nondischargeable Debts

Dischargeable debts are those debts that can be discharged through bankruptcy proceeding, such as credit card debts. However, there are a myriad of nondischargeable debts – debts that you cannot dissolve, or wipe away, through bankruptcy. In a Chapter 7 Bankruptcy, nondischargeable debts cannot be discharged at all, and in Chapter 13, these debts will remain even after you have complete your repayment plan. Nondischargeable debts include: debts you neglect to list on your bankruptcy filings, child support and alimony, student loans, legal debts owed to the state, and tax debts.

In a Chapter 7 bankruptcy, certain other debts may not be discharged as well, such as debt you incurred fraudulently (such as lying on a credit application), credit card purchases you made within 60 days of filing, loans or cash advances over $1,150 you made within 60 days of filing, debts acquired through embezzlement or larceny, and debts owed under a divorce settlement.

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