Not all debt can be discharged in either chapter 7 or chapter 13. Some debts survive the process and are valid and collectable after bankruptcy. The intricacies of dischargeability are beyond the scope of this study, however, some generalizations can be made to give you an idea of what to expect. Debts that usually are not dischargeable include student loans, local, state and federal taxes, child support, alimony, court fees and fines, debts resulting from drunk driving, and certain cooperative living fees.

Debts not listed on your bankruptcy petition are also not discharged, creditors must receive notice of the bankruptcy to be bound by it. Keep in mind the circumstances of your individual case will dictate how the law applies to you.

If you need help prioritizing your debt, contact a Debt Elimination Lawyer today and start rebuilding your credit!