Nondischargeable Debts in Chapter 7

April 13, 2006

Certain debts will not be discharged in a Chapter 7 bankruptcy. These include:

alimony and child support
most student loans
most federal, state and local taxes
debts incurred through fraud or false statements within one year (and possibly as much as four years) before the bankruptcy action
fines and penalties for violating the law
debts for purchases of more than $500 in luxury goods or services (or loans of more than $750 on an open-end credit plan) from a single creditor within 60 days of filing for bankruptcy
debts not listed on the bankruptcy petition.