Dallas Bankruptcy: Bankruptcy is a great way to get rid of debt. But there are some debts that cannot be discharged in bankruptcy. The non-dischargeable debts bankruptcy attorneys generally talk about are taxes, student loans, and domestic support obligations. These are the most common types of non-dischargable debts, and at least one of the three is found in a large percentage of bankruptcy cases filed.
However, these are not the only non-dischargeable debts. There are several other categories that are much more interesting than taxes and student loans. The Bankruptcy Code also prevents discharge of debts owed as the result of certain types of wrongdoings. These include:
1. Criminal Fines. Fines for violating the law are non-dischargeable. For example, if you owe court-ordered criminal restitution, have been fined for contempt, or have speeding tickets, these debts will not be discharged in bankruptcy.
2. Fraud. If you incurred debt through fraud, such as lying on an application in order obtain credit, your debt may be found to be non-dischargeable.
3. Operating a Motor Vehicle While Intoxicated. Debts for personal injury or death caused by the debtor while driving a vehicle while intoxicated are not dischargeable in bankruptcy.
Fortunately, I very rarely file cases in which debtors owe these types of debts. I would expect that traffic citations would be a common debt included in bankruptcy schedules, but that is not the case. I guess I have very well-behaved clients.
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