According to Article 97 of the RA Law on Bankruptcy, after the entry into legal force of the judgment on closing the bankruptcy case against a natural person by releasing the latter from the fulfillment of obligations, the natural person declared as bankrupt shall be released from the discharge of all cash liabilities, with the exception of the following:
(a) liabilities provided for by Article 90(3) of this Law;
(b) liabilities exceeding AMD 100 000 assumed within 90 days preceding the submission of a bankruptcy application;
(c) liability for repayment of a student loan;
(d) the amount equal to the value of hidden property in case the debtor hid the property from the claims of creditors in the course of bankruptcy proceedings.
