Discharging Your Debt
Boston Bankruptcy Attorney
The major reason that people file bankruptcy is to obtain a court-ordered discharge of their debt, thereby paving the way for recovery from their financial difficulties and a new start to their financial life. However, many people don't realize that not all types of debt can be eliminated through bankruptcy. If you are suffocating under layers and layers of debt and have questions about alleviating your suffering, I encourage you to contact me, Roushi Sahagen. I am a Boston bankruptcy lawyer at Infinity Law Group and offer my legal services to you in the complex process of filing chapter 7. Please reach out to me today to schedule a free, confidential consultation.
Bankruptcy Lawyer in Boston
When individuals are considering a filing for bankruptcy, they frequently have questions about the means test, Chapter 7 vs. Chapter 13, alternatives to bankruptcy and whether through the bankruptcy process they will actually eliminate their debt. It is a huge relief for most people to learn that the majority of their debts can be discharged when their bankruptcy is finalized. The length of time that a bankruptcy takes to complete can be from months to years and is not the same in all cases, however, with the time frame depending on whether a Chapter 7 or a Chapter 13 bankruptcy has been filed.
Debts include those for which repayment is secured by pledged property such as a home or a car, and those that are unsecured, meaning repayment is not backed by any property. Although most debts are discharged through a bankruptcy, some must still be paid including:
- Spousal and child support
- Most tax debt
- Injury or death liability - DWI cases
- Prior bankruptcy non-dischargeable debts
- Student loans, unless undue hardship is proven
- Criminal fines and penalties
- Willful or malicious misconduct
To discuss the ability to discharge your debts through bankruptcy, I encourage you to contact a Boston bankruptcy attorney at my firm for more information.