Leo files a petition in bankruptcy. Among his debts are unpaid taxes, fines owed to the government, student loans owed to Metro University, and support owed to his ex-wife Nadia. Most likely to be discharged are

Question

Leo files a petition in bankruptcy. Among his debts are unpaid taxes, fines owed to the government, student loans owed to Metro University, and support owed to his ex-wife Nadia. Most likely to be discharged are​

Quizplus · Accepted Answer

Under bankruptcy law, most debts are not dischargeable, meaning they cannot be eliminated by filing for bankruptcy. However, student loans may be discharged if a debtor can prove that repaying the loan would cause undue hardship. Back taxes and fines owed to the government are generally not dischargeable, and spousal support debts also cannot be discharged.

Leo Files a Petition in Bankruptcy