An arrear is basically money that is owed that should have already been paid. Getting behind on your child support payments can have drastic consequences. The amount that you owe will continue grow, due to interest, which can make it seem impossible to pay down. Garnishing of wages, tax refunds, and the suspension of your driver's license can all take place if you get too far behind. These techniques are designed with the intention of keeping your payments up to date and getting your children the money they need when they need it.
Incorporate These Techniques Into Your Child Support Payment Routine
- Many Americans that pay child support have it automatically deducted from their paycheck. The money is then dispersed to the attorney general or other authorized entity and then delivered to your child. However, what happens if you lose your job? Your child support payments do not. Depending on the amount of child support that you have to pay, put back an extra 20 or 30 dollars a week, with the intentions of only using it as a rainy day fund for child support. Hopefully, you never need it and can buy your child a great graduation present, but if you do it is there.
- These places are not too big on giving refunds. They would rather your child receive more than not enough or give you a refund. It may not be a good idea to continuously pay extra, but if you do start to get behind, pay a little extra till you are caught up. 10 or 20 dollars might not seem like much, but when it comes to paying off a balance that continues to grow, it can make all of the difference in the world.
Many children around the world rely on child support for their daily lives. It is just as important for them to get the money on time as it is for you to avoid arrears. If you do get behind, it is of the utmost importance to get the balance paid off as quickly as possible to protect your child's way of life and to help you avoid harsh consequences.