bankruptcy discharge

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Hardship Discharge in Chapter 13 Bankruptcy

In the years after a Chapter 13 Plan is confirmed, circumstances, such as job loss, disability and long term illness, may arise that conspire to keep a debtor from completing the Chapter 13 Plan. When such situations arise, the debtor may request that the court to grant a "hardship discharge.” rather than force the debtor [...]

2012-01-07T21:08:29+00:00

What Debts Will Bankruptcy Not Eliminate?

Most debts are eliminated in bankruptcy. The Bankruptcy Code, however, states that the certain individual debts are not dischargeable, and that the creditor does not need to take any Court action to have such a debt declared non-dischargeable. The most common examples of such debts are:1. Debts for most taxes;2. Debts for domestic support obligations [...]

2008-12-24T10:15:31+00:00
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