Thursday, February 9, 2012

Divorce: Is it support or property?

In 2005 Title 11 of the U.S. Code was modified.  The changes were far reaching and significant.  One of those changes prohibited the discharge, in a Chapter 7 Petition, of debts and obligations owed to former spouses and/or children as a result of divorce.

However, by choosing to file under Chapter 13 those debts or obligations not considered "Domestic Support Obligations" are dischargeable.

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