Most debts will be discharged (forgiven) in bankruptcy, including credit cards, medical bills, and most other debt. Debts that are secured by collateral will only be discharged if the debtor returns the property (though they may be redeemed or crammed-down).

Debts that won’t be discharged are student loans, most taxes, alimony and child support, government fines and penalties, debt obtained through fraud, and some debts obtained right before filing bankruptcy.  A discharge may also be denied if a person is not completely honest in a bankruptcy case, such as by concealing assets or transfers of property.

Posted in: Frequently Asked Bankruptcy Questions