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Legal Definitions - nondischargeable debt

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Definition of nondischargeable debt

Nondischargeable debt refers to a debt that cannot be eliminated through bankruptcy. This means that even if a person files for bankruptcy, they will still be responsible for paying off this type of debt. Examples of nondischargeable debt include delinquent taxes, student loans, and child support payments.

For instance, if someone owes back taxes to the government, they cannot get rid of this debt by filing for bankruptcy. They will still be required to pay off the full amount owed. Similarly, if someone has outstanding child support payments, they cannot discharge this debt through bankruptcy. They will still be responsible for paying the full amount owed to their ex-spouse or the state.

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Simple Definition

Nondischargeable debt is a type of debt that cannot be eliminated through bankruptcy. This means that even if a person files for bankruptcy, they will still be responsible for paying off this debt. Examples of nondischargeable debt include delinquent taxes and student loans. It is important to understand which debts are nondischargeable before filing for bankruptcy.

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