Cryptocurrency Q&A What debt Cannot be erased?

What debt Cannot be erased?

SejongWisdomKeeper SejongWisdomKeeper Mon Nov 04 2024 | 6 answers 1858
I'm trying to understand which types of debt cannot be erased or forgiven. Is it related to certain financial obligations or legal contracts? Are there specific circumstances where a debt must be repaid, no matter what? What debt Cannot be erased?

6 answers

EmmaWatson EmmaWatson Wed Nov 06 2024
Debts that are not dischargeable in bankruptcy encompass several categories.

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EthereumEmpire EthereumEmpire Wed Nov 06 2024
Alimony is one such debt, which refers to payments made by one spouse to another for support after a divorce.

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Maria Maria Wed Nov 06 2024
Child support is another type of non-dischargeable debt, designed to ensure the financial well-being of minor children.

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Riccardo Riccardo Wed Nov 06 2024
Certain unpaid taxes also fall into this category, reflecting the legal obligation to contribute to governmental revenues.

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ShintoMystic ShintoMystic Tue Nov 05 2024
Debts arising from willful and malicious injury to another person or property are similarly not alleviated in bankruptcy.

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