What Is Nondischargeable Debt?

Failure to pay off is also called "paying impossible". One of the causes of bankruptcy is the condition of the debtor's property that cannot be repaid due to the insolvency due to the debt due. The focus is on whether the debt relationship can be maintained normally. It refers to the objective condition of the debtor's property management, and it does not depend on its subjective understanding or expression. The insolvency is the main cause of bankruptcy currently applicable to the bankruptcy laws of most countries. ^[1]