Which type of debt would not be forgiven in a straight bankruptcy?
A)Credit card debt
B)Medical bills
C)Personal loans
D)Educational loans
E)Utility bills

Question

Quizplus · Accepted Answer

Educational loans are generally not forgiven in a straight bankruptcy, unlike other types of unsecured debt such as credit card debt, medical bills, personal loans, and utility bills. This is because federal law makes it difficult to discharge student loans in bankruptcy, requiring a demonstration of undue hardship.

Which Type of Debt Would Not Be Forgiven in a Straight