Understanding Child Support and Bankruptcy in Oklahoma

The A&M TeamFamily Law, Bankruptcy

Any kind of financial responsibility, including making payments towards a mortgage, car loan or child support, can result in stress if that responsibility contributes to a person’s overwhelming debt. And because bankruptcy is often the best financial option for individuals and couples struggling with serious debt problems in Oklahoma, it’s important to understand how filing for bankruptcy in the state can affect certain obligations, including child support payments. If you think bankruptcy might be a viable option for you, or if you have questions about how child support and other financial obligations are affected by a bankruptcy filing, contact an experienced bankruptcy attorney.

CHILD SUPPORT NOT ELIGIBLE FOR DISCHARGE IN BANKRUPTCY

In short, whether you owe child support or you are owed child support, filing bankruptcy in Oklahoma does not discharge payments owed for current or back child support. On the one hand, this means that if you are a parent receiving child support and the other parent files for bankruptcy, you will still be owed the total amount of child support due. On the other hand, if you are a parent who owes child support and you file for Oklahoma bankruptcy, you will still be responsible for these payments, regardless of your individual circumstances. In other words, current and back child support – no matter how much or how little is owed – is never eligible for discharge in bankruptcy.

ELIMINATING OR REORGANIZING DEBT WITH BANKRUPTCY

Despite this bankruptcy rule, if you are having trouble keeping up with your child support payments in addition to all your other bills, bankruptcy might still be a good financial move. By filing Chapter 7 bankruptcy in Oklahoma, you may be able to eliminate many of your other debts, or by filing Chapter 13 bankruptcy, you can at least reorganize your debt and pay it back on your own terms according to an affordable repayment plan. Using either of these bankruptcy methods available in Oklahoma, you can effectively free up the money you need to put towards making your child support payments. If you are already behind on child support, you can catch up on back payments over a period of three to five years with a Chapter 13 bankruptcy.

CONTACT OUR BANKRUPTCY ATTORNEYS FOR LEGAL HELP

If you are behind on child support, or if you are struggling to stay current on child support payments, contact a qualified bankruptcy lawyer. By consulting a knowledgeable bankruptcy attorney, you can get all the information you need about filing for bankruptcy in Oklahoma, without any legal obligation on your part. They can help you determine whether filing for bankruptcy is your best course of action.