Bankruptcy and alimony – Columbia County Georgia divorce attorney
Sadly, we are living in rough financial times. Although the number of bankruptcy cases has skyrocketed because of the recent economic recession, interestingly, bankruptcy will not discharge spousal maintenance
payments in GA.
Although a bankruptcy does not discharge the obligations of court-ordered mandatory alimony payments, there are many circumstances in which the spousal maintenance payments can be restructured. As opposed to the terms and conditions of the division of marital property during a divorce, which are set in stone at the time of the divorce, maintenance payments are often modifiable based on changing situations, like as changes in employment or retirement.
In Georgia as in majority of the states, spousal maintenance payments will cease if the receiving spouse chooses to remarry. While remarriage may terminate spousal maintenance payments, death may not! The death of the spouse making alimony payments can be inheritable by their estate.
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Shawn Gunder is an Augusta GA divorce lawyer & Georgia Military Divorce Lawyer He is an Augusta military divorce lawyer, GA child custody attorney and Augusta Georgia child support attorney.
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