Treatment Domestic Support Obligations in Bankruptcy
Domestic Support Obligations, sometimes referred to as DSO’s, are Classified as Priority Debts in Bankruptcy. Please refer to Bankruptcy Code Sections 11 USC 507(a)(1), 523(a)(5) and 523(a)(15). Priority Debts are generally paid first in a Chapter 13 Bankruptcy through the monthly payments the Debtor makes to the Chapter 13 Trustee, or through a Chapter 7 Bankruptcy, through any Distribution of Assets that may be available through the Liquidation of the Assets of the Debtor, that are not Exempt Assets. Priority Debts must also be paid Read More +