Chapter 7 Bankrutpcy Discharge
What is a chapter 7 bankruptcy discharge?
A chapter 7 bankruptcy discharge is the last legal step of a Chapter 7 bankruptcy. Learn more about business bankruptcy. A chapter 7 bankruptcy discharge eliminates your discharged debts. The legal discharge document lists your discharged and non-discharged debts. Learn more about Chapter 7.
For a free 1/2 hour consultation with our expert bankruptcy lawyer Contact Christie Lee Law Office today to know more about chapter 7 bankruptcy discharge or give us a phone call 209-910-5291
What kind of debts can be wiped out in a chapter 7 bankruptcy discharge?
Chapter 7 bankruptcy laws define what debt can be dischargeable in a chapter 7 bankruptcy discharge. A Chapter 7 bankruptcy may be for an individual or for a business, so the list of dischargeable debts may vary according the case. The following debts can be discharged: credit cards debts, medical bills, lawsuit judgments, debt from car accidents, obligations under leases or contracts, and personal loans. Consult your bankruptcy lawyer for a complete list of dischargeable debts.
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After a chapter 7 bankruptcy discharge, what debts can never be wiped out?
After a chapter 7 bankruptcy discharges, some debts can never be wiped out. The following debts can never be discharged: domestic support obligations, fines, penalties and restitution, certain tax debts, court fees, intoxicated driving debts, condominium, cooperative and homeowner fees, debts for loan from a retirement plan, debts that were not discharged in a previous bankruptcy. Consult your bankruptcy lawyer for a complete list of non-dischargeable debts.
After a chapter 7 bankruptcy discharge, what debts might not be wiped out?
After a chapter 7 bankruptcy discharges, some debts may not be wiped out. Some debts such as a student loan or regular income taxes are usually non dischargeable, unless you can proves than an exemption applies. Your trustee or some creditors may not be discharged because they successfully object to them. Some of the debts could be : debts arising from fraud, debts from a false written statement about your financial condition, recent debts for luxuries, recent cash advances, debt arising form malicious acts, debts from embezzlement, larceny, or breach of fiduciary duty, debt or creditors you did not list. You need a bankruptcy lawyer to discuss creditor objections
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If you would like a free 1/2 hour consultation with our expert bankruptcy lawyer Contact Christie Lee Law Office today or give us a phone call 209-910-5291. Our office is conveniently located and open, 8:00am to 6:00pm. If you would like a weekend appointment, simply call and set one up. We are flexible with our schedule and most importantly want to get your problems resolved.
We have years of experience helping people file for bankruptcy under the US Federal Bankruptcy Law.
We primarily service clients in the Northern California region with our office in Stanislaus County. Many of our happy clients include residents from