Littleton Chapter 7 Bankruptcy Dischargeable Debt

Learn more about dischargeable debt in a Chapter 7 bankruptcy in Colorado.

In most cases when you file a Chapter 7 bankruptcy in Colorado, you can discharge the majority of your debts. In today’s blog, we’ll take a look at what some of those dischargeable debts are in Littleton and across Colorado.

Bankruptcy Discharge in Aurora, Colorado: Definition of Bankruptcy Discharge

In Aurora and across Colorado, a bankruptcy discharge means you will no longer be responsible for debts owed. Additionally, creditors cannot try to collect your debt. Any debts that are discharged in your Chapter 7 bankruptcy, you will no longer be responsible for. You should note, however, that if you receive a discharge in a Chapter 7 case, you cannot receive another discharge until 8 years have passed from the date you filed your Chapter 7.

Dischargeable Debts in Centennial Chapter 7 Bankruptcy

If you live in Centennial or anywhere else in Colorado and are filing a Chapter 7 bankruptcy, know that only the debts which you incurred before filing a Chapter 7 can be discharged. Some of the most common dischargeable debt in a Chapter 7 bankruptcy include:

  1. Utility bills
  2. Medical bills
  3. Back rent
  4. Credit card debt
  5. Repossession deficiency balances
  6. Money judgments
  7. Civil court judgments
  8. Auto accident claims (excepting drunk driving claims)

These are only some of the more common dischargeable debt in a Chapter 7 bankruptcy, which should always be discussed further with a knowledgeable bankruptcy lawyer. If any dishonesty or fraud is linked to any of the above debts, however, these debts may no longer be dischargeable.

Castle Rock Bankruptcy Lawyer on Chapter 7 Dischargeable Debts

If you have more questions about dischargeable debts in a Chapter 7 bankruptcy in Castle Rock or any other part of Colorado, contact experienced bankruptcy lawyer Barry Arrington for more information. Bankruptcy rules surrounding dischargeable and non-dischargeable debts, as well as receiving a bankruptcy discharge, are complex. Don’t try to navigate through them alone. Call Barry today to set up a time where you and him can meet and talk about your unique situation in more detail.

If you have more questions about which debts are dischargeable in a Chapter 7 bankruptcy in Colorado, call bankruptcy lawyer Barry Arrington today to request your free initial consultation meeting at 303-205-7870. Or, submit the “Get Help Now” form to begin your journey toward financial freedom.

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