Dischargeable Debts In Chapter 7 Bankruptcy

Bankruptcy is a powerful legal tool in the hands of consumers. It can not only get creditors off your back, but also wipe out debt completely so you never have to worry about it again.

Debt is discharged upon completion of a Chapter 7 bankruptcy, which generally takes about four months. The types of debt that are dischargeable in a Chapter 7 include:

  • Credit card debt
  • Medical bills
  • Payday loan debt
  • Collection agency accounts
  • Personal loans
  • Repossession deficiency balances
  • Past-due utilities

As a Gulfport bankruptcy attorney with years of experience, I can make bankruptcy law work for you, helping you discharge debt and get started on the road to a brighter financial future.

Dischargeable Debts In Chapter 13

In a Chapter 13 bankruptcy, debt is discharged upon the successful completion of your three- to five-year payment plan. In most cases, debtors only have to pay back a portion of dischargeable debts such as credit card debt and medical bills. The amount you have to pay and the amount that gets discharged depend on your unique circumstances.

Nondischargeable Debts

Debts that are not dischargeable in bankruptcy include certain tax debts, child support payments, court fines and penalties, and student loan debts (with a few rare exceptions).

Solving Debt Problems In Mississippi

When you are ready to talk to an attorney, I will be here to help you explore your debt relief options. Call my law office today at 228-865-7646 or 228-206-0408 or contact me online to arrange your free initial consultation with a bankruptcy lawyer in Gulfport.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.