Does filing for bankruptcy eliminate debts such as child support and alimony?
Filing for bankruptcy does not eliminate child support and alimony payments in the state of Colorado. Bankruptcy laws in the U.S. are designed to help individuals and businesses reorganize debt and give them a fresh start, but child support and alimony payments are not considered dischargeable debts. This means that even if an individual declares bankruptcy, the court will still require them to pay any arrears plus any court ordered payments that come due for the future. In other words, filing for bankruptcy cannot be used to avoid making child support or alimony payments. The court may also choose to deny an individual’s bankruptcy petition if it sees that the individual was trying to avoid paying these types of debts. As such, filing for bankruptcy does not eliminate the legal obligation to pay child support or alimony payments. It only helps an individual reorganize other debt in order to better manage their finances.
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