Read the case annotations for Section 523(a)(15)of the Bankruptcy Code casually, and you can go really wrong. It’s like the phone tree admonition: listen carefully because our options have changed. Before 2005, the dischargeability of non support obligations to former spouse or child incurred by the debtor in the course of divorce might be dischargeable, […]
How Bankruptcy Courts Deal With Alimony and Support
The starting place for our exploration of bankruptcy and family law is support. Whether it’s called alimony, maintenance, or support, any amounts due at the commencement of a bankruptcy case are non dischargeable. Actually, since BAPCPA, it’s called a domestic support obligation. It got a statutory definition, as well: (14A) The term “domestic support obligation” means […]
Bankruptcy And Family Law : Your New Frontier
According to family law lawyers in San Marcos, divorce is one of the three major predictors of bankruptcy filing, along with job loss and illness. Families that might have been making it as a single household are now two households. Debts manageable before are now crushing. Or, families weren’t making it and the stress over […]
