Announcement

Collapse
No announcement yet.

Changes of Income on Support Payments

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Changes of Income on Support Payments

    Support payments, either SS or C/S, are linked to the incomes of both former spouses. And we all know that income changes from year to year (may not be that big but certainly possible ~ +/- $10K depending on if there is bonus etc or change of jobs). Support payments, from a formal court order, are registered with FRO to get enforced on, and FRO only deals with a case when there is an exact amount by court.

    To reflect the changes of Income on C/S payment for example, I know normally there would be a clause in the Separation or Divorce Agreement, stating that the parents should exchange their Tax returns in July. But how would this change of income get translated into new C/S amount and implemented? It seems to me that unless the parties go back to court each year to have the new amount figured out (if there is indeed a change every year), there is not much for the FRO to do.

    How is this dealt with in real life?

  • #2
    Don't use the FRO.

    Also I believe both parties can agree to an amount and submit it to the FRO.

    Comment


    • #3
      Originally posted by billm View Post
      Don't use the FRO.

      Also I believe both parties can agree to an amount and submit it to the FRO.
      Isn't court-ordered support automatically funnelled through FRO though??

      Comment


      • #4
        If you do nothing it automatically goes through FRO, but you can file a withdrawal.

        Ideally if you need a court order updated yearly, you exchange tax assessments and then write up a motion order with consent of both parties. Hopefully both parties are smart enough to do the math and realize that a fight would be pointless. Then it is just a matter of filing the form and a judge signs it off and there you are.

        Comment


        • #5
          Originally posted by Mess View Post
          If you do nothing it automatically goes through FRO, but you can file a withdrawal.

          Ideally if you need a court order updated yearly, you exchange tax assessments and then write up a motion order with consent of both parties. Hopefully both parties are smart enough to do the math and realize that a fight would be pointless. Then it is just a matter of filing the form and a judge signs it off and there you are.
          Can you briefly explain what a "withdrawal" is and what it entails?

          Comment

          Our Divorce Forums
          Forums dedicated to helping people all across Canada get through the separation and divorce process, with discussions about legal issues, parenting issues, financial issues and more.
          Working...
          X