Milwaukee Bankruptcy Center

Milwaukee Bankruptcy Center
9205 West Center Street Suite 212
Milwaukee Wisconsin, 53222
414.445.2590
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Will Bankruptcy Wipe Out All My Debts?

 

Yes, with some exceptions. Bankruptcy will not normally wipe out:

 

  • Money owed for child support, obligations relating to divorce, domestic support obligations;
  • Governmental fines and and penalties;
  • Most taxes;
  • Debts incurred through fraud;
  • Debts resulting from intentional harm;
  • Student loans (unless you bring a separate action in bankruptcy court and the judge decides that payment would be an undue hardship);
  • Mortgages, car loans, liens and other security interests, which are not paid in your bankruptcy case, unless you surrender the collateral.
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