If you are going to be filing a Chapter 13 bankruptcy in Centennial and you have excessive child support debt, you should know that child support debt is not dischargeable. However, bankruptcy can still help put you in a financial situation to give you the financial relief you’re looking for. Contact knowledgeable bankruptcy attorney Barry Arrington for more information.
Child Support Debt in Littleton Chapter 13 Bankruptcy: Child Support Debt a Priority Debt
Because child support debt is considered a priority debt in Littleton, it means that it cannot be discharged in bankruptcy and must be paid fully. However, if you qualify for a Chapter 13 bankruptcy, you can set up a 3-5 year flexible repayment plan. Your bankruptcy attorney can work with you on setting up the plan to make repayment affordable for you. Additionally, your bankruptcy lawyer can help you figure out which of your unsecured debt will be discharged, freeing you up financially to catch up on your child support in arrears. After you complete your repayment plan, you will receive a discharge at the end of your case.
Aurora Chapter 13 Bankruptcy Lawyer on Child Support Debt: Call the Arrington Law Firm Today
If you would like counsel regarding a Chapter 13 bankruptcy in Aurora or Littleton, and learn more about how your child support will be handled, don’t hesitate to reach out to Christian bankruptcy lawyer Barry Arrington. Barry will ensure you go through all of the necessary steps of your Chapter 13 bankruptcy thoroughly and accurately so you can receive the financial relief you’re looking for.
If you have more questions about how your child support debt will be treated in a Chapter 13 bankruptcy in Colorado, contact experienced bankruptcy lawyer Barry Arrington today for a free consultation at 303-205-7870, or submit the “Get Bankruptcy Help Now” form. He will fight to give you the best, fresh start possible.