Bankruptcy Chapter 13 And Child Support Laws
Filing for bankruptcy and paying for child support are completely two different things as seen by the court. The basic meaning of bankruptcy means the person who is filing for it is disbursing of their debts in accordance with the court and also saving themselves from the wrath of the finance companies. |
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By filing for bankruptcy a person may put a severe dent on their credit report but they are also getting dignified exit from debts. There four different ways of filing for bankruptcy. Whether it is by liquidating your assets or by reaching a payment plan agreement with the court, paying for debts through bankruptcy is the whole idea of getting rid of debts.
Child support is not a debt but it is a responsibility. So, there is a fundamental difference in the basic formula itself. Not all debts can be reduced or brought down by filing for bankruptcy, especially not child support. The court does not approve paying for child support as a debt because you are paying for your own child. Also, the child support issues are dealt by family court, while cases of bankruptcy are dealt by the county court. They both have no correlation and also are treated completely differently by the United States Judicial system.
So, when you are filing for bankruptcy, do not make the mistake of listing the child support as a debt. However, if you are filing for Chapter 13 bankruptcy, you can list child support in your expenses and the court will give it the first preference.
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