1 / 8

John Cavitt Lawsuit Can Criminal Fines Be Discharged In Bankruptcy

Only when a person is behind on various debts he or she is declared bankrupt. You may think that being bankrupt would clear your debts, it is best that you consult with John Cavit Bankruptcy Lawyer.

Johncavitt
Download Presentation

John Cavitt Lawsuit Can Criminal Fines Be Discharged In Bankruptcy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. CAN CRIMINAL FINES BE DISCHARGED IN BANKRUPTCY? JOHN CAVITT Bankruptcy Lawyer

  2. Overview Only when a person is behind on various debts such as student loans, credit card bills, auto loans, rent, mortgage, and/ or taxes is he or she declared bankrupt. It is important that you have an understanding of what can be discharged in bankruptcy. This is especially true if you need to pay fines for a previous criminal conviction. Although you might think that being bankrupt would clear your debts, it is best that you consult with John Cavitt Bankruptcy Lawyer.

  3. WHAT DOES DISCHARGE MEAN IN BANKRUPTCY? When a court declares someone bankrupt and discharges them, it means that person is permanently released from that particular debt and would not be responsible to pay it off. This ensures that the creditor goes away. However, being discharged only applies to certain debts. If you have been discharged in bankruptcy, you must realize that the court may only have discharged certain debts. Therefore, you would still have to pay off other debts.

  4. IS THE BANKRUPTCY DISCHARGE AUTOMATIC? Generally, a discharge is automatic unless the creditor objects to it. For instance, a discharge is granted by the court after the time limit for filing an objection runs out. It is 4 months from the date of filing for bankruptcy. Moreover, you may be required to agree to a payment plan for up to 5 years. After you have completed the plan, you would be granted a discharge by the court if you are found to be eligible. You still have to consult with a lawyer since discharge tends to be a lot more complicated than you think.

  5. Can The Court Discharge Criminal Fines If You Are Bankrupt? If you have been found to be guilty of a crime, you are likely to owe court costs, fines, and restitution. You would be liable to pay off these debts regardless of whether you have completed the bankruptcy case. But, not every fine is from a criminal case. This is why the fines need to be distinguished from the state or municipality and the criminal court process. On the other hand, the civil fees and fines may be discharged by the court. Having an idea about the type of fines you owe (i.e. whether criminal or civil) is essential.

  6. Can The Court Discharge Criminal Fines If You Are Bankrupt? Taxes All types of non-priority, unsecured Student Loans debts can be discharged by the Federal Loans bankruptcy court including personal Debts for personal injury Child or spousal support and alimony loans without collateral, rent, utility bills, Debts for willful and malicious credit cards, and medical bills. But, the injuries bankruptcy court is unlikely to discharge Debts owed to governmental units the following. for penalties

  7. Conclusion After you have gone over the post, you will have a better idea about whether criminal fines can be discharged in bankruptcy or not. Since bankruptcy is a serious financial matter that can affect your life for years to come, you need an attorney to help you with the process.

  8. THANKS FOR WATCHING Contact John Cavitt, Bankruptcy Lawyer for all your legal matters in Texas. Johncavittofficial@gmail.com

More Related