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Dischargeable and Non-Dischargeable Debt

One of the most attractive benefits of filing for Chapter 7 bankruptcy is the ability to have the vast majority of your outstanding debt discharged, meaning you will no longer be liable to pay this portion of your debt. It is important to note that not all debts are dischargeable through Chapter 7 however, and you may need to carefully consider your debt situation prior to filing in order to determine what sort of bankruptcy action best suits your needs.

While filing for bankruptcy can give you a clean financial slate and allow you to get back on your feet without the crushing weight of debt, understanding the many intricacies of the variety of bankruptcies available to you can be overwhelming and difficult. To learn more about Chapter 7 bankruptcy and dischargeable debt, call our experienced Katy dischargeable and non-dischargeable debt attorneys at the Russell Van Beustring P.C., today at 713-973-6650.

Types of Debts

When filing for Chapter 7, it is essential that you are aware that some of your debts will not be eligible for discharge. The following debts must be paid regardless of the outcome of your bankruptcy filing:

  • Student loans
  • Child support and alimony
  • Taxes
  • Criminal fines

On the other hand, a Chapter 7 bankruptcy can result in the following remaining debts being discharged:

  • Credit card debt
  • Personal loans
  • Medical expenses
  • Utility bills
  • Debts held by collection agencies

Having a skilled attorney on your side is vital as many creditors will object to these and other debts being discharged.

Contact Us

At the Russell Van Beustring P.C., we recognize the challenges that accompany managing debt. Fortunately, our legal team has years of experience helping debtors recover their independence through filing bankruptcy. For a free consultation to examine your financial situation and determine whether Chapter 7 is right for you, call our Katy Chapter 7 bankruptcy lawyers today at 713-973-6650.


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