Debt Exceptions

Of the many misconceptions regarding bankruptcy, one of the most damaging can be that it will completely eliminate all of the filer’s outstanding debts. Filing for bankruptcy can help to relieve some of the financial burdens that an individual has acquired over time, but there are some debts that will remain even after bankruptcy. Taking the time to understand your unique situation before taking drastic action is critical to making the right decision regarding your finances.

If you or someone you love is facing serious financial challenges, consulting a knowledgeable bankruptcy lawyer may be extraordinarily helpful. Contact Florida bankruptcy attorney, Ryan J. Really, Attorney at Law, PLLC, at (239) 237-0675 to speak to a member of our team about your case today.

Common Debt Exceptions

There are many types of debts that are not discharged, or forgiven through the completion of a successful bankruptcy case. The following is a partial listing of these forms of debt:

  • Mortgages and liens if your property has not been seized in an effort to pay creditors.
  • Loans requested illegally or under a false name.
  • Debts caused by negligent, harmful, or malicious actions.
  • Debts not included in your bankruptcy filing.
  • Student loans or loans made by other government organizations.
  • Child support or alimony payments assigned after a divorce.
  • Some tax liabilities

Each person’s financial situation is unique and understanding what a bankruptcy filing can and cannot help you to accomplish is vital to helping you find your way forward.

Contact Us

If you or someone you love is considering filing for bankruptcy, make sure that you are properly advised regarding your legal rights. Contact the Florida bankruptcy attorneys at the law offices of Ryan J. Really at (239) 237-0675 to speak to an experienced lawyer about your options.