nondischargeable
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nondischargeable debts — Debts that cannot be wiped out in bankruptcy, such as alimony, child support, and most income tax debts. If you file for Chapter 7 bankruptcy, you will still owe these debts when your case is over. If you file for Chapter 13 bankruptcy, you will… … Law dictionary
nondischargeable debt — a debt that cannot be eliminated in bankruptcy (Glossary of Common Bankruptcy Terms) A debt that is excluded from the Debtor s discharge on one or more of the grounds enumerated in the Bankruptcy Code. See 11 U.S.C. § 523 (SA Bankruptcy.com)… … Glossary of Bankruptcy
Nondischargeable Debt — A type of debt that cannot be eliminated through bankruptcy proceeding. Such debts include, but are not limited to, student loans, most federal, state and local taxes, money borrowed on a credit card to pay those taxes, and child support and… … Investment dictionary
nondischargeable debts — Debts that are not erased by filing for bankruptcy. In Chapter 7 bankruptcy, such debts remain when the case is over; in Chapter 13 bankruptcy, such debts have to be paid in full as part of the payment plan or remain as a balance at the end of … Business law dictionary
dischargeable debts — Debts that can be wiped out in bankruptcy, such as credit card debts, medical bills, and back rent. Compare: nondischargeable debts Category: Bankruptcy, Foreclosure & Debt → Bankruptcy Nolo’s Plain English Law Dictionary. Gerald N. Hill,… … Law dictionary
dischargeable debts — Debts that can be erased through bankruptcy. This includes most debts incurred before an individual or business declares bankruptcy. Compare nondischargeable debts … Business law dictionary
defalcation — /diyfolkeyshan/ The act of a defaulter; act of embezzling; failure to meet an obligation; misappropriation of trust funds or money held in any fiduciary capacity; failure to properly account for such funds. Commonly spoken of officers of… … Black's law dictionary
defalcation — /diyfolkeyshan/ The act of a defaulter; act of embezzling; failure to meet an obligation; misappropriation of trust funds or money held in any fiduciary capacity; failure to properly account for such funds. Commonly spoken of officers of… … Black's law dictionary
