What debt can’t be discharged when filing for bankruptcy?
What debt can’t be discharged when filing for bankruptcy? Assistant at Ascent Law LLC Assistant at Ascent Law LLC Bankruptcy is one of the most important financial steps that a person can take to clear their debts and restore their credit. Knowing what you are allowed to get rid of and what will remain is crucial to making the right decision. Bankruptcy law protects certain debts, like child support and taxes, but there are some debts that you can’t discharge. Here are a few debts that you can’t discharge when filing for bankruptcy. These include: Money owed as a result of a personal injury or medical malpractice lawsuit Money owed because of domestic support obligations, like alimony, child support, and maintenance Taxes (federal, state, and local) Student loans Debt that people have incurred through fraud or in order to perpetrate a crime (such as money launderers) is not subject to discharge when filing for bankruptcy. People who want to bankrupt their credit card debts may be surpr...