What Can Bankruptcy Not Do?

Many people look to file for Bankruptcy thinking they will clear all their debts in one motion, but bankruptcy cannot solve all your financial problems.  Debts such as secured loans cannot be eliminated but can possibly be restructured to your benefit.

There are also some additional debt categories that will not be discharged such as:

• Debts Incurred 180 Days Within Your Bankruptcy Filing
• Child Support
• Alimony Payments
• Court Penalties
• Debts Omitted From Your Petition
• Fraudulent Loans
• Student Loans
• Debts Incurred After Filing