Through his firm in Canton, Georgia, E. Michael Vereen III provides representation in a wide range of criminal and civil cases. Over the years, many people have turned to E. Michael Vereen III for representation during the bankruptcy process.
People may declare bankruptcy for a number of reasons, but the goal of the process is the same: discharging debts. A discharge means that creditors lose any right to take action against the debtor. However, not all debts can be discharged, and other debts are very difficult to get discharged. Understanding the limitations of the bankruptcy process is critically important.
The United States Bankruptcy Code lists 21 categories of debt that cannot be discharged through bankruptcy. The most common of these include child support and alimony. Also, people who file Chapter 7 must still pay cooperation association and condominium fees. Income tax debts can only be discharged under certain circumstances.
Student loans are often inquired about during the bankruptcy process. While it is possible to discharge these loans, it can prove extremely difficult. To earn a discharge, individuals must prove undue hardship expected for the majority of the debtor’s life.
E. Michael Vereen III (770) 345-9449 vereenlaw.com.
