Does Bankruptcy Affect Child Support?
Bankruptcy is a difficult time for anyone, and parents who are facing bankruptcy are likely worried about how it will affect their ability to provide financial support for their children. When filing for bankruptcy, debtors must consider the implications on any existing child support obligations.
The good news is that filing for bankruptcy does not automatically relieve debtors of their responsibility to pay child support payments, even if the debtor’s debts have been discharged or restructured. Child support arrears and ongoing payments remain the responsibility of a parent regardless of personal financial status. If a debtor has filed Chapter 13 bankruptcy and needs more time to pay off debts, they may be able to modify the amount paid towards child support in order to accommodate other debts owed during this period.
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