What Debts Can Be Eliminated?

Chapter 7 bankruptcy can permanently eliminate most debts. A partial list of debts that can be eliminated includes:

  • Credit Cards
  • Bank loans
  • Medical Bills
  • Pay-Day Loans
  • Old utility or phone bills
  • Auto deficiencies (repossession)

Debts that Cannot be Eliminated

Debts that are owed to the government are usually not included. A partial list of these debts includes:

  • Recent Personal Taxes (but in certain cases old taxes are dischargeable)
  • Child Support & Alimony
  • Parking Tickets
  • Student Loans (but in certain cases, student loans may be dischargeable)