If you are bringing your marriage to an end, you need to take a close look at child support if you expect to owe payments. It is vital to go over the various factors that courts evaluate when awarding child support. Additionally, you need to understand the serious penalties associated with failing to pay support on time.
Furthermore, you should take a look at child support payment methods. Many parents pay support through income withholding orders, but you could have to find another way to pay child support if you lose your job or run your own business. For example, you might need to pay support online or in person.
The penalties for back child support
For starters, you need to recognize the harsh penalties associated with failing to pay support on time. The Indiana Department of Child Services states that back child support can lead to the loss of your driver’s license, hunting license or professional license. You could have your bank assets frozen, your passport revoked or your tax refund (federal and state) intercepted.
Unpaid child support can also lead to a property lien or vehicle lien, and the state could report your unpaid support to credit bureaus.
Child support obligations and planning ahead
It is smart to prepare for unexpected challenges, such as the loss of your job. Try to set aside enough money to ensure that you can stay current on child support. Moreover, make sure you have a solid understanding of your legal options if you encounter challenges down the road. For example, modifying your child support order could help you avoid becoming delinquent.