Bankruptcy Court Rules Liability Under Prenuptial Agreement Non-Dischargeable, But No Legal Fees Incurred In Bankruptcy Proceedings
When entering into prenuptial agreements, parties should be aware that debts owed under such agreements are likely not dischargeable under the United States Bankruptcy Code (the “Code”), regardless of how carefully drafted. In DeStephano v. DeStephano (In re DeStephano), the New Jersey Bankruptcy Court determined that the debts owed by a former husband, DeStephano, under […]