Sentences with phrase «nondischargeable tax»
Priority debts include various things, but some of the ones that are common are child support arrears and nondischargeable tax debts.
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Student loans — both federal and private — are, along with taxes and child support, nondischargeable, meaning that not even bankruptcy can get rid of the debt [source: Dugas].
Generally speaking, the following debts will not be discharged: taxes; spousal and child support; debts arising out of willful misconduct and / or malicious misconduct by the debtor; liability for injury or death from driving while intoxicated; nondischargeable debts from a prior bankruptcy; student loans; criminal fines and penalties and forfeitures.
While many taxes are nondischargeable, some taxes may be discharged in a bankruptcy.