The goal of filing a bankruptcy is usually to receive a discharge of debts. Discharge is the result of a bankruptcy court order that declares to your creditors that you no longer owe a creditor for a discharged debt.

What debts are discharged?

A better way to answer that question is to list the type of debts that are not discharged by a bankruptcy. In general, almost all debts are dischargeable in bankruptcy. Credit card debt, medical bills, unsecured bank loans, payday loans, debts after a repossession, unpaid contracts, etc.

1. Child Support and Maintenance; Court fines and court-ordered restitution;
2. Recent income taxes and fiduciary taxes, such as sales taxes and payroll taxes; Student loans (with rare exceptions);
3. Fraud (Creditors have a limited time to challenge the dischargeability of fraudulent debts);
4. and Debts related to malicious misconduct.