What Debts Can I Eliminate in Bankruptcy?

If you qualify for Chapter 7 bankruptcy (most of my clients do), your eligible debts are wiped away to give you a fresh financial start and relief from harassing creditors. However, some types of debts are not eligible for discharge through bankruptcy.

My name is Ross Wabeke. I have helped thousands of people in Loveland, Fort Collins, Greeley and Northern Colorado file for bankruptcy in 30 years of practice. I can't make all your debt magically disappear, but I have the knowledge and legal experience to maximize your debt relief and steer your case through Bankruptcy Court as efficiently as possible.

Free 30-Minute Bankruptcy Consultation
I help individuals and families in Weld, Larimer and Boulder counties maximize the benefits of bankruptcy. Contact me today.

What Debts Can I Eliminate in Bankruptcy?

In a Chapter 7 bankruptcy, most unsecured debts can be eliminated with the help of a trusted attorney. Unsecured means not secured by collateral:

  • Credit card debt, charge accounts and cash advances
  • Medical bills not covered by insurance
  • Certain judgments
  • Certain back taxes

Once a debt is discharged in U.S. Bankruptcy Court through Chapter 7, you will not have to repay those creditors and they cannot come after you. In a Chapter 13, you are protected from creditors as long as you make the payments to the trustee, and any remaining debt is forgiven at the end of your plan.

What Debts Cannot Be Discharged?

  • Secured debt (mortgage and car payments if you are keeping your home or cars)
  • Recent income taxes (last three years)
  • Student loans
  • Child support or spousal maintenance
  • Criminal fines or restitution

Relief From Debt. Relief From the Stress.

I will sit down with you to look at your debts and your entire financial picture. My 30 years of insights as both a consumer bankruptcy lawyer and a former bankruptcy trustee enable my clients to fully discharge debt under the law.

Call me at 970-667-2101 or e-mail me to arrange your free consultation, including evening appointments.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.