FAQ

Frequently Asked Questions: Bankruptcy is a legal process that gives individuals in financial difficulty and opportunity to have a fresh start. To qualify for bankruptcy, an individual must owe at least $1,000 and not be able to meet his or her financial obligation as they become due.

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What about alimony and child support?

Current alimony and child support payments must be made. Any arrears amount is a claim provable in bankruptcy and although collection on this amount will be stopped during bankruptcy, the amounts will not be discharged by the bankruptcy.