What Debts Are Not Dischargeable
Many individuals falsely believe that if they file for bankruptcy, they will lose all of their assets and many of their debts will still remain. This is simply not the case. While there is a small list of certain debts that cannot be discharged, a sophisticated lawyer in Washington can help you retain most, if not all, of your property and receive a discharge of most debts.
Do you want to know what debts of yours are dischargeable and what debts are not? Contact our Bellevue bankruptcy law firm to set up your free initial consultation. You may also call our firm at 425-223-4870 .
What Debts Are Non-dischargeable Debts? Guidance From a Redmond and Renton Area Attorney.
At CBG Law Group, PLLC, we can assess your situation and determine exactly what debts you can and cannot discharge. The law does provide for certain items that cannot be discharged, including:
- Many taxes
- Child support
- Certain criminal penalties such as DUI fines
- Maintenance, also known as alimony
- Student loans
In certain circumstances, some items listed as non-dischargeable may actually be discharged. Student loans, for example, can be removed if you can prove they will provide a significant hardship on you for the rest of your life. These are issues that only a judge can rule on, making it all the more important to have a skilled and proven lawyer in your corner.
The Differences Between Property Settlements and Alimony Payments
Depending on the unique circumstances surrounding your case, your property settlement amount may be dischargeable. This is only allowed under a Chapter 13 bankruptcy filing and a judge must decide for sure whether the amount is actually maintenance or if it is in fact part of a property settlement. We can guide you through this process and answer your questions along the way.
We Represent Clients Throughout the Bellevue, Redmond, Renton and other areas in Washington
At our Bellevue law offices of CBG Law Group, PLLC, we understand the issues you are confronted with during stressful financial times. Contact our Washington law firm for a free initial consultation. Please call 425-223-4870 to set up a time to speak with an experienced attorney in the Bellevue area.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.