What Debts Aren't Dischaged When you Declare Bankruptcy? - WCAX.COM Local Vermont News, Weather and Sports-

Some debts are forgiven, others aren't

What Debts Aren't Dischaged When you Declare Bankruptcy?

A non-dischargeable debt is one that will survive the bankruptcy proceeding. The debtor still has the obligation to pay this debt; the creditor has every right to collect. 

In general, liens (such as mortgages and security interests in cars) are non-dischargeable as are some other types of obligations including:

  • Federal, state and local tax claims (subject to specific time rules)
  • Customs duties
  • Spousal support
  • Child support
  • Most student loans
  • Secured debts
  • Fines and penalties imposed by government agencies
  • Debts incurred due to false statements made with the intent to deceive
  • Fraud committed in a fiduciary capacity, such as embezzlement or larceny
  • Punitive damage claims for "willful and malicious" acts
  • Debts not list on the forms filed with the Court
  • Drunk driving obligations

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