Question

Which of these debts could possibly be forgiven under Chapter 7 bankruptcy? A.Child support. B.A student loan. C.Alimony. D.A mortgage

Answer 1

the Debt that could be forgiven under bankruptcy is: D. mortgage A mortgage is a type of debt that is used to purchase a property. In case of bankruptcy, the debt could easily be forgiven because the owner of the property could easily take it over again and they basically loss nothing