Divorce and Bankruptcy
Divorce and Bankruptcy: When The Ex-Spouse Files For Chapter 7 Bankruptcy, What to Do?
Bankruptcy and Divorce are often suprisingly related. Oftentimes, when spouses divorce, one spouse will file bankruptcy – this is typically the spouse who either earns no direct income or qualifies for chapter 7 bankruptcy based on his/her separate income. Typically speaking, domestic support obligations such as alimony and child support are not dischargeable under 11 USC 523(a)(8) of the...
Read More