Simple Debts Discharged in Chapter 7

Wasson and ThornhillChapter 7

In most straightforward Chapter 7 cases all debts not secured by any collateral are discharged–forever written off. You pay nothing on them.

Three Kinds of Debts

Wasson and ThornhillBankruptcy Procedure

Your debts can be “secured,” “priority,” or “general unsecured.” How bankruptcy treats your debts depends on which kind they are.