\nˌɒndɪst͡ʃˈɑːd͡ʒəbə͡l dˈɛts], \nˌɒndɪstʃˈɑːdʒəbəl dˈɛts], \n_ˌɒ_n_d_ɪ_s_tʃ_ˈɑː_dʒ_ə_b_əl d_ˈɛ_t_s]\
Definitions of NONDISCHARGEABLE DEBTS
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Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.
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Word of the day
- Belonging to, or characteristic of, a system of elementary education which combined manual training with other instruction, advocated and practiced by Jean Henri Pestalozzi (1746-1827), Swiss teacher. An advocate or follower the system of Pestalozzi. pes-ta-lot'si-an, adj. pertaining to graduated object-teaching as originated by Johann Heinrich Pestalozzi (1745-1827).