San Diego Bankruptcy Lawyer – Although bankruptcy can give you a true “fresh start” by wiping out all your debts, not all debts are discharged in bankruptcy. The Bankruptcy Code specifically list exemptions to discharge. If your debts are not wiped-out, you are still obligated to pay them. There are general public policy reasons for debts not discharged. Usually, these have to do with the nature of the obligation and how that obligation arose.
There many exceptions that your San Diego bankruptcy lawyer will discuss with you, but here are the most commonly encountered:
Child Support
Alimony
Debts Based On Willful Conduct
Debts Based On Intentional Conduct
Certain Student Loans
Debts Owed On Certain Retirement Plans
But, when you file for bankruptcy in San Diego, these debts are not automatically discharged. The particular creditor must object while citing the specific exemption. Absent a request, these debts will be wiped-out. A bankruptcy lawyer will be able to guide you through the process
A Chapter 13 in San Diego gives you a little bit more lee-way because you are actually paying these off through a plan rather than having them completely wiped-out.
As a bankruptcy lawyer, I see the mjority of people’s important and burdensome debts taken care of. If you do have debts in San Diego, it is important that your lawyer evaluate all of them in order to advise which ones are dischargeable.
We at the Law Office of Harold D. Thompson are San Diego Bankruptcy Lawyers dedicated to helping you get out of financial distress. If your debts are piling up and you are looking for a “fresh start” call a San Diego Bankruptcy Lawyer that will fight for your rights. Bankruptcy fees start as low as $800.00. Don’t be fooled by big advertisers charging thousands of dollars. Call us TODAY at 619.615.0767 or visit one of our two websites at www.ThompsonLawSD.com or www.MySanDiegoBankruptcy.com/bkblog
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