Chapter 7 - Bankruptcy is a very beneficial means for those facing severe financial uncertainty or debts. And even though it cannot remove all your liability, it can help you eliminate a number of arrears so you can begin working to reestablish your credit score. These are the debts which are not forgiven in Chapter 7: student loans, child support, alimony payments, majority of taxes you owe and secured or collateral debts.
So the answer is A. Credit Card. A credit card debt can be forgiven under chapter 7 because it is the main reason why people file for bankruptcy just to discharge their credit card balance.
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