Lafayette Dischargeable and Non-Dischargeable Debts Lawyers
When you borrow money, it is under the assumption that you will pay back your creditor when you are able. However, difficult financial times can make it impossible for you to repay your loans. Fortunately, though, filing for chapter 7 bankruptcy can help you manage your debts by having some discharged.
At the Law Office of Adam G. Young, PLC, we understand that relieving yourself from financial stress is important for moving forward with your life. When you are facing financial difficulties, it is helpful to understand your legal choices. If you need help with chapter 7 bankruptcy and debt, contact the knowledgeable Lafayette dischargeable and non-dischargeable debts attorney at 337-261-8800 for more information.
What Kinds Of Debt Are Not Dischargeable?
While chapter 7 bankruptcy allows you to have some debts forgiven, not all debts can be discharged. Thus, before you file for this type of bankruptcy, it can be important to determine which of your debts would be discharged. Some debts that are typically non-dischargeable include:
- Student loans
- Child support
- Criminal fines
However, debts including personal loans and credit card bills may be eligible for bankruptcy discharge. For more information regarding chapter 7 discharge and non-dischargeable debts, do not hesitate to contact our chapter 7 bankruptcy legal team.
Knowing more about your legal options in a debt or bankruptcy situation can help ease your financial worries. If you are interested in filing for bankruptcy to have some of your debts discharged, please contact Lafayette dischargeable and non-dischargeable debts lawyer Adam G. Young, PLC, at 337-261-8800 today.