Chapter 7 Bankruptcy Dischargeable Debts

When your debt becomes overwhelming and you can’t answer the phone or open the mailbox without hearing from creditors, you may want to consider pursuing Chapter 7 bankruptcy as a means of debt relief. When pursuing Chapter 7 bankruptcy, debtors are granted a unique opportunity to discharge, or eliminate, many of their debts; however, not all debts can be discharged. Thus, as a debtor considering filing for Chapter 7 bankruptcy, it is important to understand what debts are dischargeable so you can be adequately prepared for your case.

At the Bradford Law Offices, PLLC, our skilled and experienced Raleigh Chapter 7 bankruptcy lawyers can look at your case and help you take appropriate action so you can start working to rebuild your credit score. To discuss your legal options and learn more about which debts are dischargeable, contact us today at 919-758-8879 and schedule a free consultation.

Dischargeable Debts

Chapter 7 bankruptcy does not discharge all of your debts, but it does eliminate a number of them. The following debts are dischargeable in Chapter 7 bankruptcy:

  • Any judgments against you like car accidents claims
  • Personal loans
  • Credit card debt
  • Business debts
  • Leases or mortgages
  • Auto loans
  • Debt from medical bills

If you have any questions about which of your debts are dischargeable, make sure you speak with an attorney today.

Contact Us

You do have options for getting out of debt and moving towards financial solvency. Learn about the benefits of Chapter 7 bankruptcy today by calling a Raleigh bankruptcy attorney at the Bradford Law Offices, PLLC, today at 919-758-8879.