Sentences with phrase «domestic support obligations»

This type of bankruptcy also helps you catch up on past due domestic support obligations and taxes, in addition to keeping your more valued assets.
It's considered a legal domestic support obligation as part of one's divorce proceedings, and won't hold up in a bankruptcy claim.
Most of these types of debt are based on factors like the fault of the debtor, such as cases of fraud or embezzlement, certain tax debts, and domestic support obligations like child support.
Debts owed to a spouse, former spouse, or child of the debtor that are not domestic support obligations and that is incurred by a debtor in a separation, divorce, separation agreement, property settlement agreement, court order or decree, or a determination by a governmental unit may be discharged in a chapter 13 case, but not in a chapter 7 case.
Individual Chapter 11 debtors shall provide appropriate notices in connection with domestic support obligations to such claim holders and appropriate state agencies.
Child support and spousal support are considered domestic support obligations (DSO.)
(5) Debts for domestic support obligations, which include debts for alimony, maintenance, or support, and certain other divorce - related debts, including property settlement debts.
Domestic support obligations like alimony and child support are not dischargeable in either chapter 7 or chapter 13 bankruptcy.
A chapter 13 case presents greater difficulties than a chapter 7 case for separated spouses because of the ongoing obligation to make plan payments, the evolving goals of husband and wife during the bankruptcy and separation, and the ability of the husband or wife to discharge debts that are not domestic support obligations but that are related to divorce and separation.
Domestic support obligations (child support, maintenance, etc.), student loans, some taxes, and debts for money obtained by fraud are the more common nondischargeable debts.
Tax debts and domestic support obligations (child support, alimony, maintenance, etc.) are usually unsecured, but they often fall into a separate category known as «priority» debts.
We Pledge to ensure that the filing of a new bankruptcy case by our office will legally stop all creditor collection activity, including foreclosures, repossessions, court proceedings (other than criminal prosecutions), garnishments (other than domestic support obligations), threats, creditor calls, collection letters, and general creditor harassment.
Domestic support obligations, also called a DSO, can't be discharged in either a Chapter 7 or a Chapter 13.
Domestic support obligations can not be discharged or modified in either a Chapter 7 or Chapter 13 bankruptcy.
The bankruptcy code calls these domestic support obligations and these are never, ever, discharged in a bankruptcy case.
Chapter 7 doesn't eliminate a secured creditor's security interest, domestic support obligations (like child support), or current taxes and not all clients meet the income - eligibility requirements for this type of bankruptcy.
A successful bankruptcy eliminates debt except for things like domestic support obligations, some income taxes, and student loans.
You confirm all domestic support obligations have been kept and paid during your repayment period
However, certain debts such as guaranteed student loans and domestic support obligations are non-dischargeable in bankruptcy.
Bankruptcy laws provide heightened protection for individuals owed «domestic support obligations,» or DSO's.
A domestic support obligation has four elements:
Domestic support obligations, administrative expenses, claims for wages, salaries, and contributions to employee benefit plans, claims for the refund of certain deposits and tax claims, are given priority, in that order, in the payment of dividends by the trustee.
However, whether you file bankruptcy before or after the divorce, you must remember that domestic support obligations (such as post separation support, alimony and child support), as well as equitable distribution agreements, are not dischargeable in the bankruptcy.
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