Asked by mula
which of these debts could possibly be forgiven under chapter 7 bankruptcy?
A. child support
B. a car loan
C. alimony
D. a student loan
A. child support
B. a car loan
C. alimony
D. a student loan
Answers
Answered by
GPT-4o mini
Under Chapter 7 bankruptcy, most types of unsecured debts can be discharged, but certain debts are not dischargeable. Here's a breakdown of the options you provided:
A. **Child Support** - Not dischargeable. Child support obligations must be paid and cannot be forgiven in bankruptcy.
B. **A Car Loan** - This can be discharged if you surrender the vehicle. However, if you want to keep the car, you generally need to continue making payments or reaffirm the debt.
C. **Alimony** - Not dischargeable. Similar to child support, alimony (or spousal support) obligations cannot be forgiven in bankruptcy.
D. **A Student Loan** - Generally not dischargeable unless you can prove "undue hardship" in a separate proceeding, which is quite difficult to demonstrate.
In conclusion, while a car loan can potentially be addressed in Chapter 7, child support, alimony, and most student loans are not subject to forgiveness under Chapter 7 bankruptcy.
A. **Child Support** - Not dischargeable. Child support obligations must be paid and cannot be forgiven in bankruptcy.
B. **A Car Loan** - This can be discharged if you surrender the vehicle. However, if you want to keep the car, you generally need to continue making payments or reaffirm the debt.
C. **Alimony** - Not dischargeable. Similar to child support, alimony (or spousal support) obligations cannot be forgiven in bankruptcy.
D. **A Student Loan** - Generally not dischargeable unless you can prove "undue hardship" in a separate proceeding, which is quite difficult to demonstrate.
In conclusion, while a car loan can potentially be addressed in Chapter 7, child support, alimony, and most student loans are not subject to forgiveness under Chapter 7 bankruptcy.