New York Bankruptcy Lawyers Information - Alimony, Child Support, Divorce
11 U.S.C. 523 does not allow discharge of debts owed (5) to a spouse, former spouse, or child
of the debtor, for alimony to, maintenance for, or support of such spouse or child, in connection with a
legal separation agreement, court divorce decree or other order of a court of
proper jurisdiction, or any determination made in accordance with
State or territorial law by a governmental authority, or property settlement agreement, but not to the extent that -
(A) such debt is assigned to another entity, voluntarily, by operation of law, or otherwise (other than debts
assigned pursuant to section 408(a)(3) of the Social Security Act, or any such debt which has been assigned to
the Federal Government or to a State or any political subdivision of such State.
New York Bankruptcy Law - In Practice
The financial interest of children is protected to high degree, and thereafter debts owed to
former spouses survive
discharge in most circumstances, so long as the debt is owed to the spouse. Also
be aware any
creditor, or their bankruptcy lawyer, may object to discharge. The debtor and their bankruptcy lawyer receive
will prevail if the opposing party fails to meet their burden of proof. The trustee, or their bankruptcy lawyer,
or the court upon it's own motion, may also initiate objections.
The majority of personal bankruptcy lawyers certified in
consumer Chapter 7 and Chapter 13 cases offer free initial
consultations. Potential clients may review all options available and
ask any question deemed important. All attorneys are bound by the
attorney client privilege and must zealously guard confidentiality.
Because of recent amendments to new bankruptcy laws, by passage of the
latest reform bill known as the Abuse Prevention Act of 2005, debtors
will find qualification for debt relief somewhat more difficult. Yet
these laws also present new options, alternatives, and means of
discharging debt that were previously unavailable. Now, more than ever,
the assistance of qualified representation before federal courts is
essential to gain maximum benefits provided by law.
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