The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Zombie Debt Date:  11/14/2014  3:56 PM
Author:  vkg Number:  308805 of 313032

When someone goes through bankruptcy, their debts (with the exception of student loans and the IRS, etc) are wiped out. Gone.

Different from trying to collect on valid discharged debt, some companies have been going through bankruptcy filings carefully to find accounts that weren't properly discharged.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us