When Does Willful and Malicious Conduct Factor Into a Bankruptcy Discharge?
The federal bankruptcy laws allow for exemptions to discharge. Even for folks who have no assets, some debts are just not dischargeable. The exemption to discharge that is getting a lot of scholarly (and media) attention lately is student loans. They are hard to discharge. Alimony and monies owed pursuant to spousal or child support are not dischargeable in bankruptcy. Monies secured by fraud and fraudulent activity are not dischargeable. Judgments owed to victims of alcohol related personal injury or death cases are not dischargeable. Read more