Child Support Payments After Loss Of Employment
A divorce is in itself a complicated process and becomes more complicated when children get involved. The first issue that arises is child custody. Since, only one of the two parents can become the primary caretaker of the children, it becomes a dilemma. The next issue that arises after the custody of children has been established is that of child support. Usually, the other parent pays more for child support than the one who is taking care of the children. In maximum cases, the two parents consult a lawyer and establish a parenting plan that also includes the amount of child support the supporting parent must pay. However, life can take unexpected turns and sometimes it’s for the worst. There are supporting parents who have lost their job after their divorce. If you are one such individual, then keep reading to find out the best way you can tackle your situation.
Modification of child support
The best course of action in such situations is to talk to your ex about a modification in the child support payments. The modification can be temporary or permanent depending on your situation. You can request your ex to take some load of your shoulders till the time you become financially stable again. However, if your ex. is also someone who has a hard time managing his/her finances, then some other alternative must be thought of.
Temporary arrangements for the child
If both you and your ex are tight on finances, then an arrangement can be made to have your children taken care by someone else like your grandparents. Such arrangements can be made only on a temporary basis and must be approved from the court.
Pool in from other sources
If you’ve lost your job but are financially secure, then pool in some money from other sources. You may have other assets like stocks, bonds and even property which you can sell for a certain amount of money. Use that money to pay for child support until you get a new job.
Getting a divorce where children are involved is a complicated issue and depends on many factors. After custody gets established, child support must be determined for each parent. However, it becomes a serious issue when the supporting parent loses his/her job. Luckily, there are ways to keep the cash flowing for child support. Out of all the options available, modifying the child support plan works best.
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