Monthly Archives: December 2013

Detroit Bankruptcy – Pensions Aren’t Protected From Cuts

Retirees like Gwendolyn Beasley, 67 years old, who worked 34 years for Detroit as a library clerk has an annual pension of $13,085. Ms. Beasley’s pension could be decimated in the very near future. A judge declared Detroit eligible for … Continue reading

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Does Bankruptcy Erase Domestic Support Obligations?

What’s a Domestic Support Obligation? A debt that is in the nature of alimony, maintenance or support of a spouse, former spouse or child of the debtor (now defined by the term “domestic support obligation” — often shortened to “DSO”) … Continue reading

Posted in Alimony, Child Support, Domestic Support Obligations | Tagged , , | Leave a comment