ANSWERS: 4
-
I suppose you could take out a signature loan, but why would you want to? With a loan, you're going to be paying interest which is NOT tax deductible. And if you are having trouble paying your child support, don't you think you are also going to have just as much trouble paying the loan?
-
leave one trap for another trap? I dont get it
-
Go back to court and explain you're having trouble paying this amount. (taking out a loan to pay it would be crazy)
-
I can see this being done to pay off arrears that are collecting interest as high as 9%, but not for regular. If you need a modification, file for one. http://tinyurl.com/ChildRefusingVisit If you have arrears due to a layoff (not a firing or resignation), or injury, under certain circumstances you can file a modification on arrears, also. "Our goal in issuing this PIQ is to clarify for State IV-D agencies the flexibility that exists under Federal IV-D requirements in setting support obligations and securing collections from low-income obligated parents." Judge David Grey Ross, Commissioner of the Federal Office of Child Support Enforcement http://tinyurl.com/RetroactiveArrearsModification
Copyright 2023, Wired Ivy, LLC