Divorced parents in New York always work out a child support payment. But did you know that it is possible to change the amount of this payment? Today we will look at some of the valid reasons parents have for modifying child support payments.
Almost all of the reasons have something to do with a parent’s financial situation. For example, the parent paying support may someday find themselves laid off. What do they do if they can barely support themselves? Many cannot afford to pay the same rate of child support. They request a modification so they can pay less. A supporting parent can also request to pay less if the other parent’s financial situation changes. For example, if they gain a new source of financial stability. This includes marrying into another family with a primary supporter. It can also include getting a new, higher-paying job.
Child support payments are sometimes altered based on the needs of the child as well. Children are expensive at any age. But as a child grows older, they often become more expensive to raise. This is especially true after adding in things like extracurricular activities or school tuition fees. As these expenses grow, the primary custodian may need more support from the other parent. They can request a modification on the basis that courts should increase payment.
Are you interested in reading more about child support payment modification? If so, take a look at our linked web page. You can take a look at how people modify custody and support arrangements. You can look into how courts enforce these changes as well.