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Originally Posted by soriam What is the name of your state (only U.S. law)?
I was currently unemployed and still paying $1600 (sometimes more) a month for child support for two children. I remarried and have another child. My wife unfortunately was laid off as well. We've been living off of unemployment. I used to be able to pay for child support from the rent in ny. I am a landlord. But now it seems that I am going to be needing to use that money as well. I live in Fl and I now rent. My mother died a few months ago and left me her house. I am trying to sell it to finally buy a house for my new family. I have assets but that is for my retirenment. My ex kept the house with everything in it. I understand I can get a reduction for the child support but my worry is that we went through a mediator and agreed with a fixed 3% monthly payments. Now if the court says I can pay less can she go after my assets even the house I am trying to sell to get her monthly child support? If I get a better job, better pay...can she go for more money if the judge allows me to pay less for the time being? Please help me. |
Are you stating that your child support was originally only 3% of your income?...or did you mean something else by that?
You may be able to get a reduction, but if you only started out at 3%, and you have other assets, you may not get far with that.
And yes, if you get a better job she can file for a modification...and odds are that she will file for and receive, guideline child support.
Please clarify what you meant by the 3%. That could be important.