AboutOntrack Financial Group llc Expertise With the credit market on a brink of collapse, the future of having good credit will be paramount. Loans will be near impossible to obtain with strict lending practices around the corner. Debt collectors and Law offices will use even stronger tactics to recover more of your hard earned money. Protecting you and your credit has to be a top priority.
In 2000 Ontrack Financial Group llc founded the credit arbitration movement. More and more companies entered into the arena and new business models joined old ones. Only one company has the attitute and aptitude to truly assist our clients. Ontrack Financial Group llc is that company!
With our proven credit arbitration solution, you can become Charged Off Debt free within three years or less. Our clients have eliminated their Charged Off Debts with our service and avoided communication with collection agencies and law offices in the process.
Since the inception of Ontrack Financial Group™, we have continued assisting our nation-wide clientele with their burdensome unsecured debt and has enrolled thousands clients in its programs, managing millions of debt for its clients without one complaint.
Ontrack Financial Group™ is a for-profit, private company and is not affiliated with the credit bureaus or the credit industry. As a result, our services are unbiased and independent, which allows us to better serve the consumer.
Experience Please read about us at Https://www.OntrackFinancialGroup.com/Q&A.html
Question QUESTION: My ex husband filed for Chapter 13 bankruptcy in Louisiana in February 2009. He owes me almost 13,000 in back pay. I know he can't eliminate the debt but I was wondering how long it takes to start getting payments from it? I am in a financial bind and cannot find out anything through his lawyer or trustee. Thank you,
ANSWER: Dear Rosemary,
Thank you for your question.
Is the back pay owed to you child support / alimony?
Ontrack Financial Group llc
---------- FOLLOW-UP ----------
QUESTION: I am sorry not to have added that. It is back child support. It was done in Louisiana.
Answer Dear Rosemary,
Under Chapter 13, the Bankruptcy Code considers the debtor's earnings as property of the estate, since the wage-earner plan is based on making payments from the debtor's current income rather than from liquidated assets. As a result, support collections may be stayed. The court can decide to remove the stay to allow for withholding alimony and child support from the debtor's income. Whether it does so may depend on how well the wage-earner plan provides for child and spousal support. If the plan does not, in the court's opinion, include adequate provisions, it may decide to lift the stay.
In any event, the 2005 revision to the Bankruptcy Code made the collection of domestic support obligations a much higher priority. Domestic support obligations are now specifically excepted from discharge. A Chapter 13 case may be dismissed if the debtor fails to pay any domestic support obligation that becomes payable after the filing of the petition. Domestic support obligations that are assigned to a governmental unit may be paid less than 100% but only if disposable income is dedicated to the plan for a full five years. The gist of the change is that a Chapter 13 debtor must certify the payment in full of domestic support obligations or that the confirmed plan provides for payment of prebankruptcy domestic support obligations. Also, the priority of domestic support obligations was moved to the top of the list of priorities, and the preference provisions were amended to protect domestic support transfers from avoidance.
If you need assistance with Debt collectors please contact us at 888-686-6834
