What are Non-Dischargeable Debts in a Bankruptcy Filing?
Filing for bankruptcy is a way to discharge certain debts, but not all. Non-dischargeable debts refer to those that you cannot get rid of when filing for bankruptcy. These are usually debts related to taxes, alimony or child support payments, student loans and/or criminal fines or restitution. Understanding what kinds of debts are non-dischargeable is essential when considering filing for bankruptcy protection in order to make sure you know what will remain once the process is complete.
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