A Chapter 7 bankruptcy filing is a drastic step for many people and Albuquerque lawyers stand ready to help. However, a Chapter 7 will discharge a significant amount of debt for those mired too deeply to see light. Once, before the changes of 2005 were put into place, the amount of debt eligible for discharge was much greater. Certain debts are now not dischargeable under a Chapter 7 plan and could remain even after the court has discharged other indebtedness. Albuquerque lawyers have the knowledge and experience to understand and implement the new reforms and walk you through the process.
Here is a list from Albuquerque lawyers of the debts that will not be discharged in their entirely by a Chapter 7 plan include:
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