Alimony and Bankruptcy
When an individual declares bankruptcy, he or she may feel a newfound sense of financial freedom due to being rid of debts. Unfortunately, individuals will still have to pay alimony to their former spouses if their divorce settlement included those terms.
For some individuals, however, it may be possible to dismiss alimony payments in bankruptcy. If you are experiencing financial troubles that make it difficult for you to pay alimony, contact the Fort Lauderdale alimony lawyers of Eric N. Klein & Associates, P.A. at 954-580-8080 for a free consultation.
When Alimony is Dischargeable
Though alimony is typically thought of as an individual’s responsibility regardless of his or her financial situation, this may not always be the case. In fact, there are two distinct conditions under which an individual may be able to dismiss alimony payments.
The first condition is when an individual is ordered to pay alimony, but the money goes toward causes that are not in the nature of alimony. For example, if a divorced individual is ordered to pay a debt to a creditor but the divorce settlement treats this payment as alimony, then the alimony may be discharged.
The second condition is when an individual’s ex-spouse gets an advance on his or her alimony payments from a third-party and the spouse paying alimony pays the fee directly to the third party.
Discharging alimony debts can be a difficult task, so individuals are advised to seek legal counsel to help determine if it may be an option. If you are having trouble with your finances and difficulty making alimony payments, contact the Fort Lauderdale alimony attorneys of Eric N. Klein & Associates, P.A. at 954-580-8080 to discuss your individual situation.