• Is it true that I can wipe out all of my bills?
  • The underlying policy of bankruptcy law is that the honest debtor who is
    in debt beyond his/her ability to repay the debt should be given a fresh start through the discharge of debts in a
    bankruptcy proceeding. Not all debts are dischargeable. For example, the following debts are generally not
    dischargeable: taxes; spousal and child support; student loans; criminal fines and penalties; debts arising out of willful or
    malicious misconduct; liability for injury or death from driving while intoxicated; nondischargeable debts from a prior
    bankruptcy. Those debts, which are secured, may be discharged; however, the creditor will probably take the necessary
    legal steps to take back the property.

    Updated: 10/13/99