What does filing bankruptcy in Ohio cover as far as debts?

If you are filing bankruptcy in Ohio, you need to be aware of what debts are eligible for discharge and how various debts will be treated. Like all states in the US, when you file an Ohio bankruptcy, the federal bankruptcy code largely governs what will happen to your debts. The federal bankruptcy code contains two chapters, each detailing a different type of bankruptcy that can apply to consumers: chapter 7 and chapter 13. 

Under both a chapter 7 and chapter 13 bankruptcy, debts eligible for discharge include:

• Credit card debt
• Unsecured debts, such as personal loans
• Most medical bills

Debts that generally cannot be discharged or dealt with in bankruptcy include:

• Student loan debt
• Unpaid tax debt
• Unpaid child support judgments

Other types of debts, such as mortgage and car loan debt, also cannot generally be discharged in a bankruptcy since these debts are secured by the assets the money was used to purchase (i.e. the house and the car).

If you are considering bankruptcy in Ohio, you should consult with an experienced bankruptcy lawyer as soon as possible. Your lawyer explain which of your debts you are likely to be able to discharge based on the bankruptcy rules as set in Ohio and as determined by the federal government.