Bankruptcy Secrets
Child Support Alimony and Bankruptcy
Under the new bankruptcy
law child support and alimony debts enjoy a much higher priority than before. The fear is
that in the past unscrupulous individuals used bankruptcy to escape paying child support
or alimony. The law attempts to slam that door shut.
Under the new bankruptcy
law such abuse will become much more difficult. These expenses used to be placed at
priority level seven but now will appear at level one - right at the top of the list.
Anyone attempting to escape alimony or child support payments through bankruptcy will
be sadly disappointed. |