
Which debts can’t be discharged in bankruptcy?
Filing bankruptcy has some debt exclusions. These charges can usually be eliminated.
Bents Dulcio writes with a humble, field-level view on personal finance. He learned how to cut financial corners while acquiring a B.S. degree in Political Science at Florida State University. Bents has experience with student loans, affordable housing, budgeting to include an auto loan and other personal finance matters that greet all Millennials when they graduate. He has a prodigious appetite for reading, which he helps feed with writing from Scottish philosopher Adam Smith, the “Father of Capitalism.”
Filing bankruptcy has some debt exclusions. These charges can usually be eliminated.
Debt becomes a problem when you don’t have the means to pay it off or owe too much to too many companies to pay down the balances.
If you’re going through bankruptcy, you may want to reaffirm some of your debts.
You don’t need a lawyer, but you do need to take these steps to protect pay through bankruptcy.