In short
Some debts survive an individual's bankruptcy discharge, including recent taxes, child support and alimony, most student loans, and debts from fraud or willful and malicious injury.
Key takeaways
- Student loans are discharged only on proof of undue hardship.
- Criminal fines and debts for injuries caused by driving while intoxicated aren't discharged.
- Debts the debtor failed to list may also survive.
Where it's tested
REG: Debtor-Creditor & Bankruptcy — study notes, a five-minute revision sheet and practice questions.
Practise: 3 questions
Question 1 of 3 · 0 answered
Which debt is NOT discharged in a Chapter 7 bankruptcy?