SingleDad is a Fathers Rights advocate and offers FREE Family Law Q & A on Need 2 Ask a Lawyer Blog. Learn about Child Support in arrears.
Need 2 Ask a
Can Never Pay Off Child Support Arrears With All The Interest Being Charged.
What are my options?
I owe back
child support for my two children, both of whom have reached the child
support age of emancipation.
is while I’m trying to pay off the back child support, the state keeps adding
interest on top of the remaining balance. So the interest just keeps piling up
and piling up as I’m struggling to make any sort of payments.
rate, I’ll never be able to pay this debt off. Are there any options available?
Answer from Wisconsin divorce attorney Erica
states, child support arrears accumulate interest penalties based on a state
statute. The interest rate varies from state to state. In addition,
many states and the federal government have additional penalties for persons
who are in arrears in child support.
affect your ability to get a passport or fishing/hunting licenses, Child
Support Enforcement could intercept your tax refunds, and they may be able to
place liens on your property. Child
support arrears are not dischargeable in bankruptcy.
the interest rate currently being charged, you may be better off seeking a
private loan or a mortgage (if you own a home) to pay off the arrears.
to contacting a Cordell
& Cordell family law attorney, you may want to contact a financial planner
to discuss your options.
Richard “RJ” Jaramillo, is the Founder of SingleDad.com,
a website and social media resource dedicated to single parenting and specifically for the newly divorced, re-married, widowed and single Father with children.
RJ is self employed, entrepreneur living in San Diego and a father of three children. The mission of SingleDad is to help the community of Single Parents
“Make Life Happen…Again!”