Which of these debts is not typically discharged in a personal bankruptcy?

Question

BlackTom AI · Accepted Answer

The prompt presents the question: 'Which of these debts is not typically discharged in a personal bankruptcy?' However, the provided data for answer options is missing (the answer_options array is empty).

Given the supplied answer field indicates the correct option is 'Student loans.', I will describe why that choice is correct in the context of bankruptcy principles, while also noting the absence of other options for comparative analysis.

- Topic context: In many personal bankruptcies, most unsecured debts (like credit card debt or medical bills) can be discharged, meaning the debtor is released from personal liability for those obligations. Certain debts, however, are notoriously difficult to discharge.

- Why student loans are not typically discharged: Student loans are generally non-dischargeable in a Chapter 7 or Chapter 13 bankruptcy. Courts uphold that, with few specific exceptions, a debtor must continue to repay student loan debt unless they demonstrate undue hardship, which is a very stringent standard to meet (often assessed under tests such as the Brunner test in the United States). This reflects policy considerations that education-related debt is tied to future earning potential and cannot be dismissed readily.

- Impact of the missing options: Since no other debt categories are listed for comparison, we cannot evaluate alternative options such as secured debts (e.g., mortgages or car loans), which might be discharged or reorganized under Chapter 7 or Chapter 13 if the collateral is surrendered or the debtor can repay under a plan, or priority debts that often survive bankruptcy (e.g., certain taxes, domestic support obligations). The analysis above focuses on the provided correct choice and the general principle regarding student loans.

- Practical takeaway: If asked in a real multiple-choice context, remember that student loans are the classic example of a debt that is typically not discharged in personal bankruptcy, with rare hardship-based exceptions. The absence of other options here means we cannot contrast this with other debt types within this item.

MGT 012Y 001 SQ 2025 Week 5 HW - Credit Reports, Scores, and Cars

Which of these debts is not typically discharged in a personal bankruptcy?

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MGT 012Y 001 SQ 2025 Week 5 HW - Credit Reports, Scores, and Cars

Which of these debts is not typically discharged in a personal bankruptcy?

View Explanation

Log in for full answers

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Under this type of bankruptcy, all or part of an individual’s lines of credit and debt is granted legal forgiveness.

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A product has a selling price of $20, a contribution margin ratio of 40% and fixed cost of $120,000. To make a profit of $30,000. The number of units that must be sold is: Type the number without $ and a comma. Eg: 20000

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