Home
Categories
Bankruptcy and Divorce
Avoidance of Liens Security Debts Incurred in Divorce...
Judgment Liens Securing Support Awards
|
Judgment Liens Securing Support Awards
The substance of 522(f)(1)(A), qualifying the phrase "a judicial lien" was added by the Bankruptcy Reform Act of 1994. As a result of this provision, a judicial lien securing a support obligation may never be avoided under 522(f)(1)(A). As discussed above, courts tend to interpret the term "support" quite broadly.
However, the bankruptcy court is required to look behind a label placed on an obligation to determine the true nature of the debt based on the intent of the parties at the time the obligation was created.
Navigate:
Home
Categories
Bankruptcy and Divorce
Avoidance of Liens Security Debts Incurred in Divorce...
Judgment Liens Securing Support Awards
Suggested Reading
Resources & Tools
PAYING THE PIPER -- Both spouses are responsible for the debts incurred during the marriage. A divorce settlement divides the debts, assigning some to one spouse and some to the other, but the divorce settlement doesn't bind the creditor, who can collect the debt from either spouse. The creditor can come after either spouse because both have joint and several liability.
|
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Terms to Learn
|
Start Reaching Potential Clients Through Divorce Source. Learn More
|
Your Right to Child Custody, Visitation & Support Cover Price: $ Your Price: $17.95 You Save: $7.00 "A Plain English Guide to Protecting Your Children" Author: Mary L. Boland, Attorney at Law
|
| The information contained on this page is not to be considered legal advice. This website is not a substitute for a lawyer and a lawyer should always be consulted in regards to any legal matters. Divorce Source, Inc. is also not a referral service and does not endorse or recommend any third party individuals, companies, and/or services. Divorce Source, Inc. has made no judgment as to the qualifications, expertise or credentials of any participating professionals. Read our Terms & Conditions. |
"a passion for a better divorce℠" - established in 1996
© 1996 - 2013 Divorce Source, Inc. All Rights Reserved.





