What type of debt can I erase in Chapter 7 bankruptcy?
According to the National Association of Consumer Bankruptcy Attorneys, most types of debt can be discharged in Chapter 7 bankruptcy. This includes credit card debt, medical bills, personal loans, and business debts. However, there are some types of debt that cannot be discharged, such as child support payments, alimony, student loans, and certain taxes. If you are unsure whether or not your debt will be discharged in bankruptcy, it is best to consult with an experienced bankruptcy attorney.
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