Chapter 12 or 13 Debtor's Certifications Regarding Domestic Support Obligations and Section 522(Q) - North Dakota

Chapter 12 or 13 Debtor's Certifications Regarding Domestic Support Obligations and Section 522(Q) is a legal document that was released by the United States Bankruptcy Court for the District of North Dakota - a government authority operating within North Dakota.

FAQ

Q: What is Chapter 12 or 13?A: Chapter 12 or 13 refers to specific chapters of the U.S. Bankruptcy Code that provide individuals with the opportunity to reorganize their debts and repay them over time.

Q: What are debtor's certifications regarding domestic support obligations?A: Debtor's certifications regarding domestic support obligations are statements made by the debtor in a bankruptcy case regarding any domestic support obligations they owe, such as child support or alimony.

Q: What is Section 522(Q) in bankruptcy?A: Section 522(Q) of the U.S. Bankruptcy Code is a provision that allows debtors to exempt certain retirement and pension plans from being included in their bankruptcy estate.

Q: How does Section 522(Q) work in North Dakota?A: In North Dakota, Section 522(Q) can be used to protect retirement and pension plans from being taken by creditors during a bankruptcy proceeding.

Q: Who can benefit from Chapter 12 or 13?A: Chapter 12 or 13 can benefit individuals who are struggling with overwhelming debt and want to create a plan to repay their creditors over time.

Q: What is a domestic support obligation?A: A domestic support obligation refers to any legal obligation to provide financial support to a current or former spouse, child, or other dependent.