- Divorce
- Child SupportThe process of forgiving a debt that you owe during a bankruptcy proceeding is known as a discharging debt. However, every debt will not be discharged. Some debts you must always pay back to the creditor, such as student loans and taxes. If you have outstanding alimony or child support that you owe, those must be paid back as well.
- Spousal Support
- DUI/DWI
- Workers CompensationItems you can live and work without fall under the category of non-exempt property. These include the following...
- Property DamageMost types of money owed after a crime is committed rests outside the jurisdiction of a bankruptcy court decision. For example, money you owe to a person injured by a drunk driving accident or a willful and malicious action remains your responsibility to repay. This immunity extends to cover amounts owed as government fines, payments for parole services, willful property damage, and restitution ordered by any court.
- Personal InjurySurprising Damages That Your Personal Injury Lawyer Can Help You Fight For | recovering from financial ruins after an injury
- BankruptcyCategories:, Blog The object of filing for Chapter 7 bankruptcy is to protect your assets and buy time to pay off some debts. This is the reason the courts classify some of your property as either exempt or non-exempt. For a good understanding of what property can or cannot be liquidated during a Chapter 7 bankruptcy, consult a bankruptcy attorney. Here is some basic information regarding exempt and non-exempt property. How Does Exemption Work? Read More
- ForeclosureCategories:, Blog Lenders can use a legal process called foreclosure to repossess homes when borrowers don't make their agreed-upon payments. You risk losing your home if you miss a few payments. While the foreclosure process doesn't happen instantly, it can happen to you if you don't do something to stop it. You can hire a foreclosure attorney to help you stop the foreclosure, and here are some of the reasons you should attempt to stop it from occurring. Read More