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Bankruptcy Basics for the Non-Bankruptcy Practitioner

What is non dischargeable in bankruptcy?
Nondischargeable debt is a type of debt that cannot be eliminated through a bankruptcy proceeding.
Such debts include, but are not limited to, student loans; most federal, state, and local taxes; money borrowed on a credit card to pay those taxes; and child support and alimony.
Who is responsible for gathering the bankrupt's assets?
The principal responsibility of a Chapter 7 trustee is to collect and liquidate the property of a bankrupt estate and distribute the proceeds to creditors.
What is the meaning of non bankruptcy?
Related Definitions
Certificate of Non-Bankruptcy means, with respect to any day on which any payment is due and payable on the Bonds, a certificate required to be delivered to the Trustee, in the form of Exhibit A hereto, to the effect that as of the date of such certificate, no Act of Bankruptcy has occurred.
Insolvency is a financial state where a person cannot meet debt payments on time.
Bankruptcy is a legal process that happens when the individual declares he or she can no longer pay back his or her debts to creditors.

What is non dischargeable in bankruptcy?