Joliet Debt Discharge Attorneys
When you are filing for bankruptcy, you may wonder which of your debts may be discharged during the bankruptcy process and which are non-dischargeable. It is important to know the difference between dischargeable and non-dischargeable before you file for bankruptcy, so you know what to expect.
If you are filing for bankruptcy and have concerns about dischargeable and non-dischargeable debts, you are not alone. The experienced Joliet debt discharge attorneys at the Law Offices of Stuart B. Handelman have been serving the area for years and are committed to keeping our clients informed about all aspects of the bankruptcy process. Call us today at 815-722-2201.
What are Dischargeable Debts?
Dischargeable debts are debts that you currently have that you may no longer be required to pay once your bankruptcy case is complete. Generally, you make some financial concession to discharge such debts. Some examples of dischargeable debts include:
- Home payments
- Vehicle payments
- Other outstanding loans
There are many debts that are non-dischargeable, such as student loans, child support and alimony payments, and certain unpaid taxes. These debts will still be the responsibility of the debtor once the bankruptcy process is terminated.
If you are struggling with debt and are filing for bankruptcy, contact the experienced Joliet debt discharge attorneys at the Law Offices of Stuart B. Handelman today by calling 815-722-2201 to discuss your personal bankruptcy case. We are dedicated to helping you through this difficult time, and helping you get back your financial freedom.