We recently posted this answer on our Bankruptcy Blog and thought that it could be useful to our family law audience as well.
Under the current Bankruptcy Code, a debtor who files a Chapter 7 bankruptcy will not receive a discharge from debts defined in paragraph 5 of 11 U.S.C. § 523(a) as "domestic support obligations" or debts under 11 U.S.C. § 523(a)(15) owed "to a spouse, former spouse, or child of the debtor and not of the kind described in paragraph (5) that is incurred by the debtor in the course of a divorce or separation or in connection with a separation agreement, divorce decree or other order of a court of record, or a determination made in accordance with State or territorial law by a governmental unit."
"Domestic support obligations" are defined by 11 U.S.C. § 101(14A) as debts "in the nature of alimony, maintenance, or support" owed to a spouse, former spouse, or child.
These limitations on dischargability therefore apply to both child support and alimony, as well as other potential obligations under a divorce decree, such as agreements to pay joint debts or obligation to pay an ex-spouses attorney fees.
If your ex-spouse does file for bankruptcy, you may need to file responsive pleadings and argue this issue in front of a Judge if the debtor seeks to discharge the debt. If you fail to dispute the discharge, that could result in the debt being discharged. Though this is very unlikely, if you are not sure how to protect your rights you should consult with an attorney.
Showing posts with label Bankruptcy Blog. Show all posts
Showing posts with label Bankruptcy Blog. Show all posts
Tuesday, September 18, 2012
Friday, August 10, 2012
Bankruptcy Blog and Website
If you enjoy our Family Law Blog then please check out our brand new Blog devoted solely to bankruptcy law issues: Don't Go Alone: A Bankruptcy Law Blog located at http://bankruptcyma.blogspot.com
We have also opened a new website devoted to providing answers to the many frequently asked questions from our clients: available at http://www.bankruptcylawmass.com or http://bankruptcy.kelseytrask.com
We have also opened a new website devoted to providing answers to the many frequently asked questions from our clients: available at http://www.bankruptcylawmass.com or http://bankruptcy.kelseytrask.com
Tuesday, June 12, 2012
Bankruptcy Blog and other Resources
In addition to providing answers to commonly asked questions on our website, we also try to provide links to other resources where you may find further information. These links include the Court websites, other government websites, and organizations that we either belong to or may have further resources that could be useful to the public.
In addition we will often include in our Twitter accounts, links to blog posts from other blogs that we believe you might find interesting. You can click here to connect with Attorney Trask or Attorney Kelsey on twitter.
One particular resource that you should review if you are considering bankruptcy is the Bankruptcy Law Network, where we often find great blog posts on numerous questions involving bankruptcies. Here are just a few examples:
San Diego: New Ruling Allows Student Loans to be Discharged in Chapter 13! http://ff.im/-4nJBn
How Do I Find a Good Deal on a Secured Credit Card? http://ff.im/-4FnH5
Do I have to be a citizen to file a bankruptcy case? http://ff.im/-4hCit
How to Value a Car for Chapter 13 Plan “Secured Claim” Purposes http://ff.im/-4a82w
How Long Will My Chapter 7 Take? http://ff.im/-46Odg
What Happens If A Creditor Contacts Me After My Bankruptcy? http://ff.im/-3LIbV
“Stealth” Plan Provisions: Confirmation of Chapter 13 Plan Did Not Alter Domestic Support Obligation http://ff.im/-3uuIL
In addition we will often include in our Twitter accounts, links to blog posts from other blogs that we believe you might find interesting. You can click here to connect with Attorney Trask or Attorney Kelsey on twitter.
One particular resource that you should review if you are considering bankruptcy is the Bankruptcy Law Network, where we often find great blog posts on numerous questions involving bankruptcies. Here are just a few examples:
San Diego: New Ruling Allows Student Loans to be Discharged in Chapter 13! http://ff.im/-4nJBn
How Do I Find a Good Deal on a Secured Credit Card? http://ff.im/-4FnH5
Do I have to be a citizen to file a bankruptcy case? http://ff.im/-4hCit
How to Value a Car for Chapter 13 Plan “Secured Claim” Purposes http://ff.im/-4a82w
How Long Will My Chapter 7 Take? http://ff.im/-46Odg
What Happens If A Creditor Contacts Me After My Bankruptcy? http://ff.im/-3LIbV
“Stealth” Plan Provisions: Confirmation of Chapter 13 Plan Did Not Alter Domestic Support Obligation http://ff.im/-3uuIL
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