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There are a variety of debt that are wiped out by bankruptcy, as well as some types that can’t be. It is not legal should you decide for bankruptcy to pay your taxes. You will have to continue paying the IRS taxes even after your bankruptcy. The term bankruptcy will depend heavily on the laws that govern your state.
Can your bankruptcy include student loan repayments? The student loans can’t be discharged in bankruptcy. In fact, filing bankruptcy will not let you discharge your credit card credit card. The most well-known reason to declare bankruptcy is to get rid of medical debt. The majority of these are dischargeable, however you must consult your bankruptcy lawyer to make sure. Once you have filed for bankruptcy, the debt will stay on your credit records for seven years. This is why you should think about whether or not you’re planning to file for bankruptcy. Also, consider the future consequences. j9cuzakkb4.