Things You Didn’t Know You Could Include in Bankruptcy

Making the decision to file bankruptcy can be a complicated and difficult process. You have to weigh all of the pros and cons and determine if it’s the best decision for your situation. You also need to come up with a plan for your future so that you can avoid making the same mistakes again.

There are also all of the elements involved in the bankruptcy that you have to consider as well. You may not be sure what you can and cannot include. If you can’t get rid of the debts that you need to, it may not be worthwhile for you to file bankruptcy. However, there are some debts you can include that you may not realize you can.

It is always best to consult our lawyers concerning the details of your situation before you make the decision to file, but in the meantime, a bit of information concerning what you can include in your bankruptcy could help. Click here for more information about bankruptcy.

Student Loans

Student loans are not normally discharged in bankruptcy. In fact, it happens so rarely that many people think you cannot file on them at all, which is not true. In fact, they may be the very reason which led to your bankruptcy in the first place. Although many people believe that there is no way to include student loans in bankruptcy, it is actually possible, depending on certain circumstances.

Student loans can be discharged under bankruptcy laws in certain situations. For example, your finances may have taken a nosedive because you suddenly had to deal with a medical situation that is ongoing and limits your income. Under such conditions, paying on your student loans would cause you undue hardship that is not likely to change any time in the near future. Under those conditions, you might successfully discharge your student loans.


Taxes are another topic not typically addressed by bankruptcy. However, it is possible under certain conditions to have unpaid taxes discharged along with the rest of your bankruptcy debt. Of course, not all taxes can be addressed in this manner, but some can.

Our lawyers can examine your situation and help you figure out whether the taxes you owe can be included in bankruptcy. We can also help you decide if you are better off filing on the taxes or filing on everything else and then paying the taxes off with the funds you have left over after your bankruptcy is discharged.

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