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2. Which debts can’t be discharged in bankruptcy? - AOL

   www.aol.com/finance/debts-t-discharged...

   Regardless of whether you’re seeking out a Chapter 7 or a Chapter 13 bankruptcy, not all debt is eligible for discharge. For example, taxes, spousal support, child support, ...

3. Chapter 7, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_7,_Title_11...

   Chapter 7 of Title 11 U.S. Code is the bankruptcy code that governs the process of liquidation under the bankruptcy laws of the U.S. In contrast to bankruptcy under Chapter 11 and Chapter 13, which govern the process of reorganization of a debtor, Chapter 7 bankruptcy is the most common form of bankruptcy in the U.S. [1]

4. Common types of bankruptcy and how to avoid filing - AOL

   www.aol.com/finance/common-types-bankruptcy...

   Chapter 7 bankruptcy can stay on your credit reports for 10 years, while Chapter 13 bankruptcy only stays on your reports for seven years. However, the impact on your credit score will lessen over ...

5. Florida bankruptcy law - Wikipedia

   en.wikipedia.org/wiki/Florida_Bankruptcy_Law

   Basically, chapter 7 bankruptcy provides for the discharge of dischargeable debt, which does not include non-dischargeable debt, such as most student loans, alimony, child support, and some taxes. In most cases, filers under chapter 7 incur no liquidation of their property as all of their property is "exempt." Instances of the liquidation of ...

6. Cancellation-of-debt income - Wikipedia

   en.wikipedia.org/wiki/Cancellation-of-debt_income

   Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as cancellation-of-debt (COD) income.According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayer's gross income. [1]

7. 7 Key Signs Bankruptcy Is Not a Bad Thing for You - AOL

   www.aol.com/7-key-signs-bankruptcy-not-160008971...

   Here are the key types of bankruptcy, Barna explained: Chapter 7 bankruptcy: Chapter 7 involves the liquidation of a debtor’s assets. Individuals who cannot pay their debts and have no prospect ...