Domestic support obligation form 2025

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Domestic Obligations means all Obligations owing by the Domestic Loan Parties (other than in respect of Guarantees of Foreign Obligations pursuant to Article IV). Sample 1Sample 2Sample 3. Based on 11 documents.
Domestic support obligations are generally defined as debts owed to a spouse, former spouse or child for alimony, maintenance or support, including such debts owed to a governmental collection agency such as the Office of Recovery Services (See 11 U.S.C.
Child support provides for the financial needs of the children the couple may share, while alimony supports the spouse with alower income. These obligations are considered domestic support obligationsand they hold a special status in bankruptcy proceedings.
Domestic Support Obligations owed to or recoverable by a spouse, former spouse, child or governmental unit, in the nature of alimony, maintenance or support, and. established pursuant to the terms of a divorce decree, separation agreement, property settlement agreement, court order or administrative determination.
(78) Supporting obligation means a letter-of-credit right or secondary obligation that supports the payment or performance of an account, chattel paper, a document, a general intangible, an instrument, or investment property.
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What Are Domestic Support Obligations in Chapter 13? Domestic support obligations are simply debts incurred before or after bankruptcy that fulfill the following requirements: They are owed to your current or former spouse, child, or a government entity. They are by their nature alimony, support, or maintenance.

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