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01.16.2020 N. Westchester Pod - Bankruptcy in Divorce
Market Café (1st Floor)
100 South Bedford,
Mount Kisco, NY 10549
USA
Thursday, January 16, 2020, 8:15 AM - 9:30 AM EST
Category: Events

Northern Westchester Pod Meeting
~ Free for Members Only ~

Bankruptcy in Divorce

Speaker: Nathan Horowitz, Esq - Bankruptcy Attorney 

THURSDAY, JANUARY 16, 2020
8:15 – 9:30 a.m.
Market Café (1st floor)
100 South Bedford Road Rt. 172, Mt. Kisco, NY
Food and drink available for purchase at cafe

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Divorce Collabarative Team Outline

I. Change in the law

  • In 2005, BAPCPA (Bankruptcy Abuse Prevention And Consumer Protection Act) made substantial changes to how a bankruptcy filing will affect a divorce. The major changes give special classification to debts arising from a divorce and actions that may continue despite the bankruptcy filing; and therefore decreases the use of bankruptcy as a divorce litigation tactic.

II. Different Applications of BAPCPA in different bankruptcy chapters

  • Chapter 7 vs Chapter 13
  • DSO (Support) versus Property Settlement

III. Timing of a bankruptcy filing and negative effect on a divorce deal

IV. In a dispute the Bankruptcy Court is supreme.

V. Divorce Agreements

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