Child support can be one of the most stressful and confusing facets of the divorce process. Some parents worry that their ex will not make payments on time or that the payments will not be enough. On the other hand, some people worry that they will face financial hardships due to the amount of child support that they have to pay. Moreover, both custodial and non-custodial parents may be facing financial challenges and decide to file for bankruptcy, which can add even more uncertainty to the situation.
It is important to understand how a bankruptcy could affect you with regard to child support, whether you are required to make payments or regularly receive child support. If you have back child support or are concerned that your ex will no longer have to pay the back child support that they owe, it is important to note that this will not be cleared as a result of bankruptcy. On the other hand, there are other ways in which bankruptcy can affect child support.
If a parent is having difficulty paying child support due to their debt, the bankruptcy process could make it easier for them to stay current, thereby preventing additional consequences down the road. Moreover, if a parent who is raising children gets rid of their debt by moving forward with a bankruptcy, they may have an easier time raising their kids with the child support payments they receive. These are just some of the considerations related to filing for bankruptcy with respect to child support, and we discuss many other similar topics on our site.