final bankruptcy discharge

If the trustee liquidates any non-exempt assets (eg. firearms, recreational vehicles, past tax refunds) the funds would be disbursed amongst creditors on the basis of priority. Following the payout of any non-exempt funds, the Bankruptcy Court issues a bankruptcy discharge releasing the debtor from all of his or her remaining unsecured debts. However, some debts such as student loans, damages resulting from the debtor’s willful or malicious acts, debts incurred through fraud or misrepresentation, domestic support obligations, and some debts incurred immediately before filing are non-dischargeable.