Are unpaid alimony payments dischargeable in bankruptcy?

In Oregon, unpaid alimony payments are generally not dischargeable in bankruptcy. This means that even in a situation of bankruptcy, an alimony payer would still be responsible for repaying any unpaid alimony payments. This is based on Oregon’s law which states that an alimony judgment is not discharged by bankruptcy and remains a valid and binding obligation until it is satisfied or modified. Alimony is a payment from one former spouse to the other after a divorce. Alimony is designed to ensure the financial stability of the spouse receiving the payments. This means that if alimony payments were dischargeable in bankruptcy, the former spouse receiving the payments may be left in a difficult financial situation and their standard of living would be impacted. Under Oregon law, alimony debtors are still legally obligated to pay any unpaid alimony they owe despite filing for bankruptcy. The alimony payer may be able to negotiate a Chapter 13 bankruptcy repayment plan with the court, however, the alimony payer must still repay all unpaid alimony before they are relieved of their debt. Overall, unpaid alimony payments are generally not dischargeable in bankruptcy in Oregon. This ensures that the spouse receiving the payments is still able to meet their living expenses and remain financially stable. If a debtor does file for bankruptcy, then they may be able to negotiate a repayment plan to repay any unpaid alimony debt. However, they must still repay this debt before their debt is discharged.

Related FAQs

What is alimony?
Can a court award retroactive alimony payments?
Are alimony payments considered part of the marital estate?
Is alimony awarded in divorce proceedings involving military personnel?
Are alimony payments taxable to the recipient?
Does alimony terminate when the payor retires?
Is alimony awarded in every jurisdiction?
What are the qualifications for alimony in California?
How does a court consider the income of a stay-at-home parent when awarding alimony?
Is alimony awarded in all divorces?

Are unpaid alimony payments dischargeable in bankruptcy?

Related FAQs

Related Blog Posts