Bankruptcy and Insolvency in Divorce

This chapter is designed to help forensic accountants and other interested parties gain familiarity with certain issues that may arise in client assignments involving bankruptcy and divorce. In order to successfully navigate the bankruptcy-divorce arena, it is important to understand the substantial changes made to the U.S. Bankruptcy Code by BAPCPA. Among the significant changes that affect interspousal claims (particularly when one divorced spouse files bankruptcy and the other does not) is a new definition of domestic support obligations.