Bankruptcy - Insolvency - Liquidation - UK
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Business Advice - Bankruptcy - Insolvency

  BANKRUPTCY LAW

WHAT DEBTS ARE NOT DISCHARGED BY BANKRUPTCY?

In general charges (such as mortgages and security interests in cars) are non-dischargeable as are some other types of obligations including: Spousal support or Child support Secured debts Fines and penalties imposed by government agencies A non-dischargeable debt is one that will survive the bankruptcy proceeding. The debtor still has the obligation to pay this debt; the creditor has every right to collect.
 
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