No. It can help eliminate many types of debts, but not all debts can be discharged. Some debts are considered “non-dischargeable” and will remain after the bankruptcy process. These include:
Certain tax debts (recent income tax debts typically incurred within the last three years; payroll taxes and tax fraud penalties)
Student loans (except in rare circumstances where you can demonstrate undue hardship)
Child support and spousal maintenance
Debts obtained through fraud
Personal injury debts (i.e., debts resulting from personal injury or death caused by your willful or malicious actions, such as driving under the influence)
Court fines and penalties (in criminal cases)
Certain Homeowners' association (HOA) or condominium fees that accrue after you file your bankruptcy petition