Debt Discharges in Chapter 7 Bankruptcy

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Debt Discharges in Chapter 7 Bankruptcy

When a person is having an issue with their finances, they may be considering bankruptcy. If they file for a Chapter 7 bankruptcy, they may be able to discharge some of their debts. When a debt is discharged, they are no longer liable to pay it back. Once the discharge occurs, creditors are not permitted to communicate or take legal action in an attempt to collect the debt anymore. While there are a number of debts that can be discharged, it is important to know that not all debts are eligible for discharges.

For Chapter 7 bankruptcies, the discharge usually takes place 60 days after the meeting of the creditors, which usually takes place 4 months after the initial bankruptcy petition has been filed. Some debts that can be discharged include credit card debt, medical bills, and more. It is important to note that certain debts, such as student loans, can’t be discharged. However, a creditor is permitted to submit an objection and doesn’t have to discharge the debt.

There are some differences in discharging debts for different types of bankruptcy. Some debts can be discharged in a Chapter 13 but not in a Chapter 7. It is important that you consult with an experienced bankruptcy attorney who can help you understand your financial situation and determine which debts you may be eligible to discharge.

Juan C. Velasco, Esq. is a trusted attorney who concentrates on bankruptcy, family law, real estate, and estate matters who has been serving the New Jersey area for over 25 years. If you are in need of experienced legal counsel, please contact Velasco Law Office and we will be happy to assist you.  

About the Firm

Juan Velasco, Esq. has over 25 years of experience passionately practicing law. Juan Velasco provides legal counsel to individuals, corporations, and institutions concerning substantial legal and financial matters.

Velasco represents clients in formal and legal proceedings, including negotiations to ensure amicable settlements that benefit their needs. He has over 2 decades advising clients concerning legal options available in complicated transactions. Mr. Velasco has drafted countless contracts and supporting documents for his New Jersey clients. He responds to inquiries, assisting clients in determining the most favorable position. He also provides legal guidance concerning appropriate business actions.


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1870 Route 27 – Suite 202
Edison, New Jersey 08817

Our offices are conveniently location on Route 27 in Edison, New Jersey, Attorney Velasco is ready to actively protect your interests. If you are in need of a passionate and effective lawyer, contact Velasco Law Office.

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