Legal definition of nondischargeable debt
Personal Bankruptcy Legal Terminology

nondischargeable debt

1
A debt that cannot be eliminated in bankruptcy. Examples include a home mortgage, debts for alimony or child support, certain taxes, debts for most government funded or guaranteed educational loans or benefit overpayments, debts arising from death or personal injury caused by driving while intoxicated or under the influence of drugs, and debts for restitution or a criminal fine included in a sentence on the debtor's conviction of a crime.
Some debts, such as debts for money or property obtained by false pretenses and debts for fraud or defalcation while acting in a fiduciary capacity may be declared nondischargeable only if a creditor timely files and prevails in a nondischargeability action.
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David E FriedesAttorney at LawPRACTICE AREA: Personal Injury, Family Law, Elder Law, Criminal Defense, Bankruptcy Law, Workers Compensation
Donna R EmminghamAttorney at LawPRACTICE AREA: Real Estate Law, Business Law, Labor & Employment Law, Litigation, Workers Compensation
Douglas A HoffmanAttorney at LawPRACTICE AREA: Professional Malpractice, Labor & Employment Law, Insurance Litigation, Workers Compensation
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