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What can bankruptcy not eliminate?

When considering bankruptcy as a way to eliminate your debts, it's important to know that it doesn't get rid of all debt. Looking at what can't be discharged can help you make a wise, informed decision. Examples of things that can't be eliminated include the following:

-- Some secured debt, which means debt that is tied to a specific asset. For example, you may not be able to eliminate a car loan. Of course, you could give the car to the lender to get rid of the debt, but you can't declare bankruptcy to eliminate the payments and keep the car.

-- Most debt that is linked to a divorce. This could include alimony payments, child support payments, and things of this nature.

-- Other special debts. These include the majority of student loans for college, restitution that you've been ordered to pay by the court, fines you've been given for criminal activity, some taxes, and things of this nature.

-- Debt owed by a cosigner. If you could not get a loan on your own, you may have asked someone to cosign it, which means they have to pay if you don't. Getting rid of this debt for yourself typically does not remove if from the cosigner.

-- Debts that you accumulate after you've filed for bankruptcy. You're not supposed to just use bankruptcy as a way to rack up debt and never pay it off. It can also be problematic to run up a lot of debt right before filing.

If you're going to file, be sure you know how the entire legal process works in Wisconsin and which debts can be discharged.

Source: BadgerLaw.net, "Answers to Common Bankruptcy Questions," accessed April 08, 2016

Awards & Recognition

Our peers and independent third-party organizations have recognized the hard work and dedication we put into every case. This has led to numerous awards and accolades.

  1. Rated By Super Lawyers | Russel D. Nicolet
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  3. Minnesota State Bar Association American Bar Association State Bar of Wisconsin
  4. BV Distinguished | Lexis Nexis | Martindale-Hubbell | For Ethical Standards and Legal Ability The National Trial Lawyers

Office Locations

Regional Office Map

Hudson Office
511 2nd Street Suite 203
Hudson, WI 54016

Phone: 715-802-0872
Hudson Office

Superior Office
1507 Tower Ave Suite 210B
Superior, WI 54880

Phone: 715-802-0872
Superior Office

Rice Lake Office
337 N. Main Street
Rice Lake, WI 54868

Toll Free: 800-456-6956
Rice Lake Office

Eau Claire Office
402 Graham Ave, Suite 305
Eau Claire, WI 54701

Phone: 715-802-0872
Eau Claire Office

St. Paul Office
332 Minnesota Street, Suite 3172
St. Paul, MN 55101

Phone: 651-243-2872
St. Paul Office

Amery Office
228 Keller Ave N.
Suite 3A
Amery, WI 54001

Toll Free: 800-456-6956
Amery Office

Nicolet Law Office, S.C. helps people throughout Western Wisconsin and Minnesota including; Hudson, Eau Claire, Superior, Amery, Rice Lake, Chippewa Falls, River Falls, Menomonie, Hayward, New Richmond, Spooner, Bloomer and Barron.

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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.