http://www.destroydebt.com/blogs/jneely989.html debtLOGIC www.destroydebt.com Tue, 03 Mar 2009 04:03:24 GMT webmaster@destroydebt.com webmaster@destroydebt.com http://www.destroydebt.com/blogs/jneely989/465-impact-of-job-loss-on-child-support.html http://www.destroydebt.com/blogs/jneely989/465-impact-of-job-loss-on-child-support.html Tue, 03 Mar 2009 04:03:24 GMT Job losses are mounting up in startling numbers across the US.  Not a day goes by that we do not hear of another national or local company laying off people in order to shed expenses and be able to remain in business. One of the areas impacted by these actions is in the paying of child suppo...
One of the areas impacted by these actions is in the paying of child support by non-custodial parents.

If you are one of the unfortunate who have lost your job, then you are probably concerned about not only how you are going to provide for you and your family, but if you pay child support, how you are going to manage that as well.

Here are some tips that might help.

Do Not Do Nothing.  While this seems like a ‘duh’ suggestion, the fact remains that this is the reason that there are deadbeat parents.  Those who fail to follow court orders in this matter can and will face dire consequences when they are finally taken to court for non-payment.  Court orders are nothing to be slack or nonchalant about.  You will get caught and be held accountable.  It is just a matter of time.

What to do.  You have the option of petitioning the court (even on your own) for a modification of the child support agreement based on the fact that circumstances may have changed which makes it impossible to pay the amount that the court has so ordered.  Contact this office in your location right away.  Most court systems in most states provide information which can be used to make a filing on your own.  Be sure to include documentation of what you make and how much you think you can afford.

Life Changes.  The following are the most likely changes in circumstances that will be viewed favorably by most courts. Changes in income (you have changed jobs or companies).  Unemployment (loss of a job completely or simply laid off with no known return expected).  Medical expenses including those of family members which impose a financial hardship.

This can help you keep from falling behind and drowning in an endless sea of child support debt.  That is a place to which you never want to be found.

Finally, never enter a verbal-only agreement when it comes to court ordered payments of any kind.  You must file official court documents to have modifications made to court orders to make them legitimate and permanent.  To avoid doing this leaves you wide open to further court actions.]]> http://www.destroydebt.com/blogs/jneely989/244-down-and-out-in-debt.html http://www.destroydebt.com/blogs/jneely989/244-down-and-out-in-debt.html Tue, 17 Jun 2008 08:10:48 GMT One of the most frustrating situations in which to find oneself is in debt with no place to turn.  And I mean, no place.  You cannot get loans because your credit score is in the gutter.  You cannot get out of debt because your income seemly does not allow you to make the extra paymen...
 

That is where I found myself.  Due to a nasty, protracted divorce, I was at the bottom looking up.  I had no money in savings, no money in retirement.  My cash life policy I was forced to liquidate.  I also had to give over my favorite truck to the creditors.  Then, the final blow was bankruptcy.

 

But, even after that I felt caged and trapped because I had a sense of entitlement.  Someone should help me.  I’m a nice guy who, through his own actions, was caught up in a bitter divorce and all of the bad things that go along with it.  Now, I needed someone to step up and help me.  It never came.  As a matter of fact, it still has not come.  And it has been six years since the divorce was final.

 

Until I stopped being a victim and started to work my way out of the financial mess that I made, did I begin to see that, yes, I was to blame.  But I was determined not to sit by any longer and feel sorry for myself because those I knew would not give me any money.

 

I am better off today because of that.  I’m getting there financially, and I have a road map for success.  But it all began with this singular attitude change.

 

You must face this, too, if you are going to move beyond your circumstances.  This is a seminal decision in your life.  In order to have the strength and determination to move forward, you have to choose what you will be; victim or victor.  So, what’s it going to be?

 

Start living the life of a victor today.]]>