Should I Restructure My Child Support Payments?

If you're like many Americans, you may bethere are a few questions you need to ask
struggling to get by in this economy.yourself first:
Unemployment is way up, wages are down, and- Am I able to make the monthly payments? If
the stock market is fluctuating wildly. If you'reyou just aren't able to meet the demands of the
one of the millions of Americans making childfinancial arrangement, it may be time to consider
support payments, you may be having anadjusting the agreement.
especially difficult time. It can be difficult enough- Am I unable to make the payments because of
to make rent payments, car payments, andthe arrangement itself, or am I just spending the
make all the other sundry purchases you need tomoney elsewhere? If unnecessary purchases are
get by. Add child support payments to the mixmaking it harder for you to pay your child support
and you may be wondering how you're going tomoney, you may have to consider cutting down
stretch your budget to next month.these purchases rather than trying to readjust
While many people don't know about it,your support payments.
restructuring your support payments may be an- Is what I hope to pay a fair amount? You
option. Because of the difficult economicultimately have a responsibility for your children.
environment, more and more people areFailing to support them is not an option.
interested in talking to a divorce lawyer aboutAccording to recent reports, nearly 40% of
how to change the structure of their child supportdivorce lawyers are noticing a marked increase in
agreements. While it may be hard for you as athe number of people asking to change the
parent to pay less to support your children,nature of their payment structures. There's no
sometimes it's an economic necessity. It's betterreason to feel ashamed about seeking a reduction
to arrange for a realistic series of payments youin your obligation.
can reasonably make than to try to shoot for theIf you have more questions about how to reduce
moon and come up short.the amount of money you're paying in child
Is Restructuring Right for Me?support payments, visit the West Palm Beach
If you're considering working with a family lawyerdivorce lawyers of Eric N. Klein & Associates,
to reduce your monthly child support payments,P.A..