Dischargeable Debts

Not all debts will be cleared. It depends on the type of bankruptcy and debts. As a general rule, more items can be discharged under Chapter 13 than Chapter 7. Credit card debt, unsecured loans and medical bills can usually be discharged. If you have secured loans where a lien is used to recover collateral, it’s not so simple.

It’s important to remember that debts incurred after your filing will not be included in the bankruptcy. Special actions must be taken if you want to include new debts or if something was missing from the initial petition.

If you have questions about which debts can be discharged through bankruptcy, call Gary Hammond at 405-216-0007. I will be happy to answer your questions during a free initial consultation at my office in Oklahoma City. I am an experienced bankruptcy attorney and former state-appointed Chapter 7 trustee. Over the past 25 years, I have handled thousands of cases. I will make sure that you are treated fairly during the entire process.

how-do-i-start

Schedule your consultation TODAY.

  • This field is for validation purposes and should be left unchanged.

Latest Articles

Parker Drilling files bankruptcy

Parker Drilling announced Wednesday morning that it had filed for a “pre-arranged” chapter 11 bankruptcy. Parker Drilling’s proposed plan will reduce two-thirds of funded debt and inject $95 million of equity capital through a backstopped rights...

Read More...

USA Gymnastics files bankruptcy

Facing 100 lawsuits from more than 350 sexual-assault victims of team physician Larry Nassar, USA Gymnastics filed for bankruptcy protection last week. Its recently appointed board chairman said the step was taken to expedite payment of...

Read More...

Archdiocese of Santa Fe, New Mexico files bankruptcy over sexual abuse lawsuits

On December 3, the Archdiocese of Santa Fe filed for bankruptcy in the face of decades of sexual abuse lawsuits and millions of dollars in payouts to survivors. More than 350 abuse survivors have been documented...

Read More...

LBI Files for Bankruptcy

Spanish-language broadcaster LBI Media and its TV and radio stations have filed for chapter 11 bankruptcy protection. LBI owns 27 Spanish-language radio and TV stations and the Estrella broadcast TV network. Click here for the full...

Read More...
Reader's Choice 2017 award