What is the name of your state (only U.S. law)? Illinois
My decree says that I have to pay 30% of my gross income from all sources. But then it also says in the decree how much I made at the time of the divorce (At the time of entry of judgement...husband's annual salary is $XXX).
Am I correct to assume that if I lose my job that the salary that was documented in the decree is irrelevant? And until I get a new job, I would just have to pay 30% of any other income that came in from something like investment income?
Finally, is a pension considered income?
My decree says that I have to pay 30% of my gross income from all sources. But then it also says in the decree how much I made at the time of the divorce (At the time of entry of judgement...husband's annual salary is $XXX).
Am I correct to assume that if I lose my job that the salary that was documented in the decree is irrelevant? And until I get a new job, I would just have to pay 30% of any other income that came in from something like investment income?
Finally, is a pension considered income?