Legal Dictionary

Nondischargeable Debt

Nondischargeable debt refers to a type of debt that cannot be eliminated or forgiven through bankruptcy proceedings. It remains the legal obligation of the debtor even after the bankruptcy case is concluded.

Frequently Asked Questions

What are some examples of nondischargeable debts?

Examples of nondischargeable debts include student loans, certain tax debts, child support and alimony obligations, debts arising from fraud or intentional wrongdoing, and certain types of government fines or penalties.

Can nondischargeable debts ever be discharged in bankruptcy?

In certain circumstances, nondischargeable debts may be discharged if the debtor can demonstrate undue hardship or if they successfully negotiate a settlement with the creditor. However, these situations are rare and require specific legal strategies to be pursued.
The 2023 Legal Trends Report

The 2023 Legal Trends Report

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