Certain debts are non-dischargeable in a Utah Chapter 7 Bankruptcy and Utah Chapter 13 Bankruptcy. Examples of debts that are generally non-dischargeable in a Utah Bankruptcy are student loans, any debt procured by fraud, taxes less than three years old, child support obligations, and alimony obligations. Certain debts arising out of a divorce can be discharged in a Utah Chapter 13 Bankruptcy.
Corporations do not receive discharges of debts, but there still may be some benefit to allowing a trustee to liquidate the assets.
To see if your debts are dischargeable in a Utah Bankruptcy, please contact us for a free consultation.