Dischargeable Debts

Chapter 7 bankruptcy provides many benefits to those who wish to take advantage. These benefits include the elimination of unsecured debts, foreclosure proceedings, wage garnishments and harassment by creditors and bill collectors.

Understanding the benefits that the Chapter 7 process can offer you is an important first step in the debt relief process.

Bankruptcy Lawyers Serving Broward County And Palm Beach County

At the DiTocco Law Group, PLLC, we offer advice on dischargeable debt under Chapter 7 bankruptcy in southern Florida. With a detailed knowledge of the Chapter 7 process, our attorneys and associates will take great care to ensure that you understand which debts are dischargeable under a filing and which debts may remain after your final discharge.

Which Debts Are Dischargeable Under Chapter 7?

Under current federal bankruptcy laws, you may be able to discharge your unsecured debts in as little as six months. Unsecured debts include:

  • Credit card bills
  • Medical bills
  • Personal loans
  • Payday loans
  • Certain judgments
  • Bank lines of credit
  • Certain mortgage notes

After discharge, these debts will be wiped off your record, leaving you with a clean slate and a fresh start to a financial future.

Which Debts Cannot Be Discharged?

Unfortunately, not all of your debts may be dischargeable through a Chapter 7 filing. Some secured debts are exempt from the process, including:

  • School loans
  • Child support arrears
  • Tax arrears

The clean slate provided by the Chapter 7 process may allow you to focus on repayment of these debts, though, rather than spreading your income over a wider range of bills and payments.

Call 954-836-7912 or contact us online to schedule a free consultation to discuss your debt discharge concerns with our lawyer or one of our associates. We have satellite offices located throughout Miami-Dade, Broward (Fort Lauderdale) and Palm Beach counties, so you can take comfort in knowing that there is a DiTocco Law Group, PLLC, office near you. Translation services are available for Spanish-speaking clients. Se habla español.

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