Definition from Nolo’s Plain-English Law Dictionary
Debts that cannot be wiped out in bankruptcy, such as alimony, child support, and most income tax debts. If you file for Chapter 7 bankruptcy, you will still owe these debts when your case is over. If you file for Chapter 13 bankruptcy, you will have to pay your nondischargeable debts in full during your plan or continue to owe the remainder. Compare: dischargeable debts
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:20 pm