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Child Support Arrears
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Yes.
You guys are currently in the process of reaching an agreement and because you owe cs and your 2019 income is know then you owe the amount based on your actual income for that year.
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Hi Rocksan
Is the following statement true? "Retroactive support is ordered when there is no prior agreement or court order in place. In this situation, the payor spouse is not in breach of any order or agreement. The recipient spouse is asking for support that was not previously order or agreed to. Retroactive support would be the amount ordered or agreed to be paid for the period not previously covered by an order or agreement"
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Originally posted by Abba435 View PostEvery July 1 reset CS for next 12 months based on last year NOA
No arguments
No adjustment
Commonly used and court approved
His first question was in reference to an offer to settle. Stop posting advice that isn’t relevant to the question asked. Their agreement or new order will outline how support is recalculated. For now he was trying to determine if he actually had arrears.
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Originally posted by guydeluxe2018 View PostPerfect, thank you, much appreciated.
You are more than welcome.
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Every July 1 reset CS for next 12 months based on last year NOA
No arguments
No adjustment
Commonly used and court approved
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Originally posted by guydeluxe2018 View PostSorry Rocksan, I left out "not", I am not trying to run away from my financial obligation
Lol
It seems strange how to calculate but when an annual income is known then you use that to calculate previous years arrears.
The best way to avoid a steep amount is to try to estimate your income if it is expected to be higher. For instance you have an income of $60,000 but you know you will have a bonus or commission of say $5,000 by end of year, use $65,000 as your income to calculate.
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Sorry Rocksan, I left out "not", I am not trying to run away from my financial obligation
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Originally posted by guydeluxe2018 View PostThank you, I am running away from my Financial obligations towards my child.
Are you joking with this post or being sarcastic?
If you know your income will go up or down for 2020, get something in the offer now. As in, the respondent’s current income as per his 2019 T1 return is $75,000 but is expected to be $65,000 for the year due to current lay offs. As such, child support beginning jan 1, 2020 is set at $xxxx. If the respondent sees an increase in income or secures additional employment, he agrees to increase monthly child support immediately with that income used for child support purposes.
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Thank you, I am running away from my Financial obligations towards my child.
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Yes. If your income for 2019 is known then 2019 is recalculated with that amount.
If you know what your income is supposed to be for 2020 you can counter offer that amount for ongoing support in your offer.
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Child Support Arrears
I am in the process of negotiating a settlement offer. In the first case conference we had the following agreement regarding child support:
"The Respondent shall pay the Applicant child support in the amount of $579
per month based on an annual income of $62.266 commencing August
01,2019"
I have been paying $579 ever since and there are no arrears. In 2019 my annual income $74,841.72. Today I received a revised offer to settle and on the child support clause, she stated the following:
"For the period of May 1, 2019, to December 31, 2019, the Respondent
owed to the Applicant, child support in the amount of $698.91 per month,
based on an annual income in 2019 of $74,841.72 for the child.
- The Respondent paid $680.00 from May 1, 2019, to July 31, 2019
- The Respondent paid $2,895.00 from August 1, 2019, to December
31,2019
- In total, the Respondent paid $3,575.00 in child support for 2019
- The Respondent owed $5,591.28 for child support in 2019.
- The Respondent owes the Applicant $2,016.28 in child support arrears
- For 2019 and shall pay the arrears within 60 days or via a payment
plan agreeable by the parties and confirmed in writing. If the parties
are unable to confirm a payment plan within 7 days of the execution
of this offer to settle, the arrears shall be enforced by the Family
Responsibility Office.
My question is do I have to pay the arrears for 2019?Tags: None
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