What debts can not be discharged by a chapter 7?

A Chapter 7 bankruptcy will not discharge student loan and most recent IRS debt. It is possible to wipe out all IRS obligations, but the rules are complicated and must be applied in a case-by-case basis. If you are considering filing for bankruptcy to wipe out IRS obligations, I suggest consulting with an experienced. bankruptcy attorney.

Leave a Reply

Your email address will not be published.