What Debts Are Not Eliminated in Chapter 7 Bankruptcy?

 

While Chapter 7 bankruptcy can eliminate many debts, there are certain types that are typically not discharged. These include student loans, recent taxes, parking tickets, child support, maintenance payments, debts incurred by fraud, and criminal restitution. However, debts like credit card balances, medical bills, personal loans, and auto repossession deficiencies can often be fully discharged in a Chapter 7 bankruptcy, offering individuals a fresh start.

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