Monday, August 07, 2017

Freedom from certain debts

Chapter 7 bankruptcy wipes out many kinds of debt, including:
· Credit card debt.
· Medical bills.
· Personal loans.
· Civil judgments (except for fraud).
· Past-due rent.
· Past-due utility bills.
· Business debts.
· Some older tax debts.

Some debts, including child support and recent tax debt, can’t be erased in bankruptcy. But if your most of your other troublesome debt can be discharged, then erasing these other debts could give you the room you need to repay what remains.

Check out more valuable information about Guam's Laws and working with Mark Williams, Guam's Best Lawyer, on

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