If your in collections and have judgments than I think anyone can take out of it. If you won why not pay them off?
Examples: * I have no debts. * I may have a few debts. * I may have substantial debt. * I may have a lot of debts. * I may have a whale of a lot of debts, * I dislike debts. * Maybe someday I will win the lottery and pay off my debts. * Having debts is a bummer.
Yes.
You have to tell the trustee about your windfall. Your never barred from paying your debts....everyone wants you to...you just didn't!
student loans child support
If in case of death or total and permanent disability of the student Stafford Loans are completely forgiven.
most taxes, child support, student loans and criminal fines
The National Student Loan Data System or NSLDS is a government agency that can help people facing student loan debts. Federal Student Aid can also help.
Federal agency non-tax debts include credit cards, student loans, medical bills etc. There are other non-tax debts as well but these are probably the most common ones.
Tyoically, debts are the responsibility of the estate, not of the family. An exception may be if a family member was the co-maker of the note.
Generally, when you die your estate (assets, property, money) pays your debts first and what's left goes to your heirs.Your heirs don't inherit your debts but they don't get what's left of your estate till the debts are paid.If there is nothing left after the debts are paid, they get nothing, or if there is not enough to pay the debts then the balance of the debts die with you.If you have significant assests you might want to consult a qualified estate planner.
It depends on which debts are discharged in your bankruptcy. There are several types of debts, such as student loans, which consistently persist through bankruptcy. Moreover, you may be liable even for debts that traditionally are discharged, such as credit card debts, where there is even of bad faith and manipulativeness on your part, i.e. you racked up thousands in credit card debt in the days before filing for bankruptcy.
Bankruptcy. Defaulted federal student loans.