Attorney Explains All of the Different Types of Debt

Non-Dischargeable Debts Are Certain Things You Cannot Get Rid of in Bankruptcy

Video Transcribed:  Oklahoma Bankruptcy Attorney Edward Kelley here, answering your bankruptcy questions with oklahomacitybankruptcyattorney.pro. We’re going to do a series this week on types of debt.

So, for this first video, we’ll just talk about what there are. You’ve got your unsecureds, that’s got no collateral tied to it, your secureds, those are debts with collateral, and we’ve got your non-dischargeable debts, certain things you cannot get rid of in bankruptcy.

These are all things you need to know. So, this week, that’s what we’re going to talk about: what’s unsecured, what secured, and what is non-dischargeable. So, we’ll get right to that in the next series with unsecured debt. Thanks.