Delavan, WI asked in Bankruptcy for Wisconsin

Q: If you purse an existing debt after a bankruptcy is complete will the debtor have to repay?

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1 Lawyer Answer
Mr. Richard C Koman
Mr. Richard C Koman

A: If I follow the question correctly, you are asking if the debt still exists after the bankruptcy discharge? In general terms, no - a Chapter 7 bankruptcy wipes out the debt - assuming we are talking about an unsecured nonpriority claim. In various scenarios, the debt could still remain.

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