Alimony
-
What You Need to Know About Child Support
The amount of child support that a parent is obligated to pay depends on the relative share of the total income attributable to that parent. For example: if the parent’s expenses for meeting the child’s needs are to be $600 per month; and the income of a person who does not have a child in…
-
Bankruptcy Law and Bankruptcy Procedure
Criminal Law and Bankruptcy Code govern the bankruptcy procedure in the United States. Both documents state that the debtor is responsible for deceiving the creditor, therefore, he may lose all his property. And if the deception is proving, then a more serious punishment may be incurred – imprisonment. Bankrupt in the USA In the United…
-
Florida bent on removal of lifelong alimony
Lawmakers of Florida are brainstorming over a reform bill on alimony which has a controversial side. It is designed to remove payments of lifelong alimony and replace it with a formula based approach. This would be based on marriage duration and income of spouse whereby the alimony amount and period would be decided. A law…
-
Divorcing women should know about the recent alimony reforms
Alimony is a court ruled payment provided by a former spouse after divorce to the other apartner. It is basically intended to offer financial support to the spouse who previously depended on her partner to fulfill financial needs. The state laws on alimony vary from location to location. However, it is generally paid in any…