nondischargeable debt

nondischargeable debt
nondischargeable debt
a debt that cannot be eliminated in bankruptcy (Glossary of Common Bankruptcy Terms)

A debt that is excluded from the Debtor's discharge on one or more of the grounds enumerated in the Bankruptcy Code. See 11 U.S.C. § 523 (SA-Bankruptcy.com)

Certain debts are not included in the debtor's discharge. Some are automatically excluded. Others to be excluded require action by the creditor.
Obtaining credit by fraud or a debt for alimony, maintenance or child support are types of debts that may be non-dischargeable.
also see discharge (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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