FAQs

You can wipe out all dischargeable debts after bankruptcy.

You can eliminate all debts that are dischargeable. Examples of dischargeable debts include: credit card debt, medical debt, repossessions, foreclosures, personal loans, etc. Debts that are generally not dischargeable include: student loans, certain taxes, child support, alimony and debts related to criminal activity.

As of today, all accounts must be included. If the debt is a secured debt, such as a home or a car, you can attempt to reaffirm the debt. Unsecured debts must be included and will be discharged.

If you receive a discharge for a Chapter 7, you must wait 8 years in between filings. If you received a discharge in Chapter 13, the timelines depend on which chapter you need to file now.

There are two chapters for people to file: 7 or 13. You can learn which chapter works more for you by consulting with an attorney.

Yes, there is no threshold amount of debt required to file bankruptcy. Every debtor's financial situation is different.

There is no bad time to make a will. If you are concerned about what will happen to your family and assets upon your death you should have a will.