Does Bankruptcy Affect Child Support?
Declaring bankruptcy can be a difficult decision that has long-lasting implications. For parents, it is important to understand if and how filing for bankruptcy will impact their child support payments.
Bankruptcy may not discharge child support debt, but it is possible to adjust the amount owed or make payment plans with the court system. Depending on the type of bankruptcy you file, different rules will apply when dealing with child support debt. In Chapter 7 bankruptcies, courts typically won't let individuals have their debt completely discharged if their financial situation is found to be manageable enough for them to continue making payments. On the other hand, in Chapter 13 bankruptcies, more options are offered such as adjusting the amount of money owed each month or extending the length of time for repayment over several years.
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