Unsecured debt is any debt for which you haven't pledged collateral. Most debts are unsecured, including bank credit cards, medical, legal bills and store revolving charge accounts. Most unsecured debts are simply cancelled by bankruptcy.

Secured debts are those for which you promised collateral if you cannot pay. An example would be a house or automobile.

10 years

Every (8) eight years

The filing of a Chapter 7 Bankruptcy is designed to result in a discharge of most the debts you have listed on your bankruptcy schedules