While most debts can be elmiated, or "discharged" in a Chapter 7 bankruptcy, there are certain kinds of debt that are normally nondischargeable (some very limited exeptions do exist for some). They are:
- student loans
- child support
- obligations of spousal support (called maintenance in Illinois)
- debts that are owed to a government (for instance: fines, tax, court costs, parking tickets, etc)
- post petition Homeowners association and condo fees
- money damages due as the result of your DUI (drunk driving)
If you are obligated on any of these non-dischargaable debts, it does not mean that a bankruptcy can't help you. Do you have other debt such as credit card bills, loan, or medical debt that you struggle with? If you do, a bankrutpcy may elimiate other debt for you which can make it easier to meet your obligations on the non-dischargeable debt. If you have been financially struggling for a while, stop wondering and start planning. Schedule a consultation with our office to find out what your best options are.