The Chapter 7 Discharge Chapter 7 Bankruptcy Attorneys Arm Lawye This type of bankruptcy can provide significant relief, but you should know how much debt is required to qualify Unlike student loans and tax debts, personal loans from friends, family, and employers fall under common categories of debt that can be discharged in the case of bankruptcy
Chapter 7 Discharge Explained The waiting period between bankruptcy filings depends on the type, but it’s generally two to eight years from your previous filing date you will first need to file for Chapter 7 or Chapter 13 bankruptcy You will then need to file an adversary proceeding (AP) to have your student loans considered for discharge Essentially, you must A South Florida bankruptcy filer who omitted all reference of a show horse he purchased for his daughter from his financial disclosures did so without fraudulent intent, and thus can be granted a debt There are various strategies for debt relief Make sure you understand the pros and cons of each before choosing one
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