What are Non-Dischargeable Debts in a Bankruptcy Filing?
Bankruptcy is a legal process that provides debt relief for individuals and businesses. When you file for bankruptcy, your assets are liquidated and used to pay off your creditors. However, not all debts can be discharged in a bankruptcy filing. Non-dischargeable debts include child support, alimony, certain taxes, student loans, and criminal fines. If you have any of these debts, you will still be responsible for paying them even after your bankruptcy is discharged.
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