In Bankruptcy, it is Usually Not Possible To:

• Eliminate the lien of  a secured creditor. A secured creditor is a creditor who has taken a security interest in property as collateral for a loan. Common examples of secured debts include car loans and home mortgages. In addition, certain retailers (such as Colder’s, Steinhafel’s, Best Buy, Dell Financial and most jewelry stores) may take a security interest in the items you purchased from them (but only if you used that store’s credit card to purchase the items). Bankruptcy can eliminate your obligation to pay any additional money if your property is repossessed or surrendered. Nevertheless, you generally cannot keep the collateral unless you pay the debt.
• Discharge debts singled out by bankruptcy code for special treatment, such as child support & other domestic support obligations, student loans , criminal restitution, criminal fines, and most taxes.
• Protect cosigners on your debts. When a relative or friend has co-signed a loan, and you discharge the loan in bankruptcy, the cosigner will have to repay the loan.
• Discharge debts that arise after your bankruptcy has been filed.