If you’re filing Chapter 7 bankruptcy you need to know which debts will be wiped out. If you file your case without knowing for sure, you may be in for a surprise later on.
Here is a general list of debts that can be discharged in your Chapter 7 bankruptcy case:
- Personal loans
- Credit cards
- Repossession deficiencies
- Medical, dental and hospital bills
- Civil money judgments
- Business debts that you’ve guaranteed
- Leases
- Negligence claims
- Tax debts that over 3 years old (assuming you filed your tax returns on time and that they were not audited within the past 240 days)
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