Will Bankruptcy Eliminate All My Debts?
Yes, with some exceptions. Bankruptcy will not normally eliminate:
Money owed for child support or alimony;
Most fines and penalties owed to government agencies;
Most taxes and debts incurred to pay taxes which cannot be discharged;
Student loans, unless you can prove to the court that repaying them will be an “undue hardship”;
Debts not listed on your bankruptcy petition;
Loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan;
Debts resulting from “willful and malicious” harm;
Debts incurred by driving while intoxicated;
Mortgages and other liens which are not paid the in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is sold by the creditor).
Law Office of Donald L Fritzen
421 East Fremont Street
Laramie, Wyoming 82072
What is bankruptcy?
What can bankruptcy do for me?
Do I qualify for bankruptcy? (Means test)
How can I get a copy of a bankruptcy filing?
What doesn’t bankruptcy do?
What else must I do to complete my case?
What property can I keep? (Exemptions)
What will happen to my home and car if I file Bankruptcy?
Can I own anything after bankruptcy?
Can I keep propety this is not exempted? (Raffirmation)
Will bankruptcy eliminate of all my debt?
Will I have to go to court?
Will bankruptcy affect my credit?
Can I make purchases before I file bankruptcy?
Are utility services affected?
Can I be discriminated against for filing bankruptcy?
What About co-signers?
I’m married, can I file by myself?
Can filing bankruptcy stop bill collectors from calling?
Can I keep my tax return?
Can I eliminate student loans by filing bankruptcy?
What if I just recently moved to Wyoming?
Can I eliminate tax debts in bankruptcy?
Donald L. Fritzen
Wyoming Bankruptcy Attorney
Frequently Asked Questions