Bankruptcy Attorney Helping Venice Residents Discharge Debts

Contrary to popular belief, there are some kinds of debt that you cannot discharge when filing for bankruptcy. At Blanton Law, P.A., we meet clients from Venice and throughout Southwest Florida who are worried about what debt they can and cannot get rid of. While not all debts are dischargeable, discharging your unsecured debts in a Chapter 7 may allow you to stay current on secured debts, such as your mortgage or car payments.

Manatee County Lawyer Helping Southwest Florida Residents Get A Clean Slate

According to the Bankruptcy Code, an unsecured debt is a loan that is not backed by collateral. These debts can include:

  • Credit card debt
  • Medical bill debt
  • Payday loans
  • Unsecured loans, which are usually for smaller amounts

You may also discharge your secured debt, but you will have to surrender the property, meaning to get out from under your mortgage, you will have to give up your home. In situations like this, alternatives are available. A Chapter 13 bankruptcy, for example, will halt any foreclosure actions and allow  you an opportunity to catch up on payments.

Debts that are not dischargeable include student loan debt (except in very rare circumstances), child support, alimony and most tax debts. Our experienced team of attorneys and paralegals can help you determine an approach that addresses your situation.

Get The Right Advice Before Filing For Bankruptcy. Call Blanton Law, P.A.

Contact our office if you have questions about what debts you can and cannot discharge in bankruptcy. Some alternatives to bankruptcy, such as a loan modification may be a good option. Call 941-584-4263 or 888-610-0968 to schedule a free consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.