Utah Bankruptcy and Divorce Attorney
Bankruptcy – Divorce and Family Law Considerations
Many people find that during or after a divorce, they are unable to meet the financial obligations imposed on them by their divorce decree or orders. In some cases a person may be stuck with a large amount of debt following a divorce that they are unable pay off. Bankruptcy can be a useful process for many individuals and families recently involved in a divorce or other family proceeding. However, it is important to know what type of debts related to a divorce are dischargeable and which are not.
Alimony, Child Support, Debt, and Property Payments in Bankruptcy
Alimony and child support are not dischargeable in bankruptcy. Generally speaking, debt payments and property awards are dischargeable in bankruptcy. However, debt payments and property awards that are part of an alimony or child support or are not dischargeable in bankruptcy. Additionally, a bankruptcy court may decide that property that was not labeled as an award of alimony or child support in a divorce decree or order, was intended by the court to be so and is therefore not dischargeable.
Salt Lake City, Provo, Odgen, Logan, and St. George Bankruptcy Attorney
At our Utah law firm, we have family law and bankruptcy attorneys who can answer your questions and provide you with legal advisement on your financial situation during or after a divorce. If you have questions regarding bankruptcy and family matters, contact Salcido Law Firm today and Get Protected!
Call us anytime at 801.413.1753 or toll free at 888.337.3235.
