Not All Debts Are Created Equal In Bankruptcy

A bankruptcy discharge refers to the finalization of a bankruptcy proceeding, whereby the debtor is released from their debts and absolved of liability for those debts. Non-dischargeable debts are unable to be eliminated through bankruptcy and the debtor is held liable for their payment. There are many types of debts that cannot be discharged through bankruptcy, and how the debtor repays the debts varies by the type of bankruptcy filing.

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