made. * Discharge certain types of debts, such as child support, alimony, student loans, certain court ordered payments, criminal fines, and certain taxes. * Protect all cosigners on their debts. * Discharge debts that are incurred after bankruptcy has been filed. Bankruptcy’s Effect on Your Credit By federal law, a bankruptcy can remain part of a debtor’s credit history for 7 to 10 years. Whether or not the debtor will be granted credit in the future is unpredictable, and probably depends, …
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