Some of the debts that cannot be discharged in a bankruptcy are, income tax arrearages (depending upon the time frame), child support, secured debts where the property is not subject to forfeiture, child support, spousal maintenance (in some cases) and all other debt the bankruptcy trustee certifies as being ineligible for discharge. Decisions made by a bankruptcy trustee can be appealed to the court if the filer believes they are not valid.
Penalties, which tickets are, are NOT dischargeable.
Loans that are not from or guaranteed by a federally guaranteed program, or involve a college or university that participates in such programs, can be discharged. Room and board, fees and other non-education and non-loan debts are dischargeable.
ALL debts/obligations and ALL assets MUST be in your filing. You can not pick and chose. All are different priorities, and some may not be "dischargable". Utilities are just like any other dischargeable unsecured debt.
Gov't insured or Guaranteed loans are not dischargable.
The answer depends on who the creditor is and the status of the debt. If the debt was a student loan or other non-dischargable debt, then your tax refund can be taken. If the debt WAS discharged, ANY collection action of any kind on a discharged debt is a violation of the permanent injunction of the discharge and therefore illegal. If the creditor was not included on the creditor matrix, then informing them of the bankruptcy and discharge of the debt may be all that is necessary to have the refund returned to you. In other cases it may be necessary to file a Motion for Contempt against the creditor in bankruptcy court. This would require the re-opening of the bankruptcy.
Some of the debts that cannot be discharged in a bankruptcy are, income tax arrearages (depending upon the time frame), child support, secured debts where the property is not subject to forfeiture, child support, spousal maintenance (in some cases) and all other debt the bankruptcy trustee certifies as being ineligible for discharge. Decisions made by a bankruptcy trustee can be appealed to the court if the filer believes they are not valid.
No. And the idea you would is morally reprehensible to society. Do you really want to financially bankrupt on your kids too?
There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.
I believe that student loans are a category of debt that is not dischargable in bankruptcy. The bankruptcy will show up on any credit reports, and you may subsequently be unable to et additional loans. I filed for bankrupcy in 1998. I was able to obtain Student Loans despite the bankruptcy in 1999-2000. My past credit history was not considered when determining my student loan application.
When a debt is forgiven (a forgetadebt as you call it), it will be reported to the credit bureaus. But you will have less debt, which is a positive.
form_title= Debt Financing form_header= Get control of your debt with financing help. How much are you in debt?*= _ [50] Have you ever worked with a debt financing company?*= () Yes () No How do you plan on getting out of debt?*= _ [50]
The Public Debt is debt that is owed by the Government of the United States. The External Debt is that is owed to foreign countries. The current Public Debt is $16,738,541,240,281.19 that over 16 Trillion dollars. The external debt is approximately $15,940,978 that is a lot less than the public debt.