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Under current law, child support and alimony are among a select few types of debts that must be paid by a bankrupt debtor. But the Bankruptcy Reform Act of 2001 would place credit card debt on equal footing with child-support payments, allowing credit debts to survive bankruptcy. Divorce lawyers say the bill may wreak financial havoc on single parents who rely on child support and alimony.
March 30, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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