Caring for children and ensuring that they get the chance to pursue their big dreams can be difficult for many single New York parents. However, there are often ways that allow custodial parents to put a certain amount of child support towards their offspring's school or competitive activities.
One of the factors used to determine child support payments are the incomes of both parents. While many people may consider what their employer's pay them to be their annual income, this is not always the case. For instance, money received from a pension or the sale of stock could be considered income for child support purposes. Social Security or military benefits may also be included in this total.
New York residents may be interested to learn that actor Jeremy Renner was accused of lagging on child support payments. It is alleged by Sonni Pacheco, the Mission: Impossible star's ex, that the actor owes nearly $50,000 in back child support. In addition to payment for back child support, Pacheco is seeking payment for their daughter's preschool tuition.
Parents in New York who fall behind on their child support could then find themselves struggling to get a loan or facing higher interest rates. This is because child support collection agencies report missed child support payments to credit bureaus, and therefore this missed disbursements may appear on credit reports and lower a person's score. In fact, these types of missed payments can be regarded as seriously as missed mortgage payments.
Bartolo Colon, the pitcher for the New York Mets, reached a settlement agreement with his ex-girlfriend in the child support case she filed against him. Colon, who has been married for longer than 20 years to his wife, has two children with his ex-girlfriend who are ages 7 and 8.
New York music fans may be interested to know that the rapper Future is being sued for an increase in child support. The case has roots in an earlier 2013 case involving the rapper and the mother of one of his children. In 2013, he claimed that he made $16,000 a month while the mother claimed he made more than $50,000 a month.
New York fans of rapper Tyga or entertainer Blac Chyna may be familiar with the couple's tumultuous breakup. Some sources claim that with the news of Blac Chyna's engagement to Rob Kardashian, Tyga may try to get the amount he pays in child support reduced.
It is very common for children today to be raised by one parent. A quarter of children under the age of 18 are raised without a father, and 40 percent of children are born to mothers who at the time are single. This means that child support can be an essential part of ensuring that a parent is able to support their children, so it's important for many parents to know how the law handles child support.
New York couples who share a child but are no longer together will often face the reality of one of the parents having to pay child support. Some of these situations can be more complicated than others with unique issues coming to the forefront. Such is the case with an Iowa man who is being declared responsible for the financial needs of a child that is not his.
When a New York father receives a legal notice regarding child support or visitation, he is advised to take it seriously. In the event that he does not know what to do or what the notice means, he is advised to seek out legal counsel. In addition, it is always better to go to court as opposed to lashing out at a former spouse in an effort to rectify what seems to be an unfair situation.