What makes a creditor decide to object?

[jb300]

I am just curious if the creditors have the opportunity to look at your whole debt picture to decide whether or not to object?
If someone has nothing of value, makes little money, doesn't it cost the creditor more to pursue the debt than to just let it go because in the end they probably will get nothing anyway?

[keepmine]

Just depends on the creditor and if they feel thay have a valid reason to object.

[HHM]

See section 523 of the BK code, if a creditors debt falls into one of those categories, they may object. Specifically look at 523(a)(2)

[diebroccoli]

See section 523 of the BK code, if a creditors debt falls into one of those categories, they may objection. Specifically look at 523(a)(2)

i'm bored, and sec 523 is a bunch of legal mumbo jumbo, so here's my cliffs notes version of things that cause debts to not be discharged, or for creditors to object:

1) Tax or customs debt is not dischargable (is that a word?)
2a-b) stuff you got through lying or using false info
2c) $500+ purchases of luxury goods (i.e. non necessities) in the past 90 days before filing OR $750+ bal. transfers in the past 70 days
3) unlisted debt - ie. dont forget to list it
4) embezzlement, larceny, etc
5) child support
6) injury settlements
7) fines, penalties, etc related to the Gov't
8) student loans
9) DUI fines
10) prior Bk filings
11) more fraud stuff
12) have no idea on this one
13) see 12
14) tax
15) alimony
16) HOA fees after filing
17) fees incurred while in prison
18) money OWED TO pension plans, 401ks, etc
19) more fraud

And then some more legal mess that i dont quite understand

Jebus, why do lawyers have to make simple things so confusing?

[Willy13]

Jebus, why do lawyers have to make simple things so confusing?

So you are forced to hire them and pay them lots of money.

[diebroccoli]

So you are forced to hire them and pay them lots of money.

oh yeah :bangsheadagainstwall: