Banks, consumer lenders, and the politicians who enjoy their financial support, often argue that those seeking a fresh start in the Bankruptcy Courts seek to discharge their debt when they encounter the slightest bump in the financial road. They contend that...
Question: Can a Debt that Arises from a Divorce Proceeding ever be Discharged in a Bankruptcy Case? A. Yes. Although, as discussed further, debts which are in the nature of “alimony, maintenance, and support” (“Domestic Support Obligations”) cannot be...
A New Jersey Bankruptcy Court case decided in 2010 addressed the issue whether a Bankruptcy Petition filed by a divorced party who owed attorneys fees to the law firm representing his former spouse could be discharged. The case also...
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