Divorced parents are never on stable ground when it comes to paying and receiving child support. A sharp financial downturn could cause one parent to need more support, or it could make it impossible for the other parent to keep paying the current amount.
If your financial situation has changed since your child support was ordered, modification might be a way to help ensure that you and your children are adequately provided for. Contact our St. Louis child support attorneys today to learn more.
In Missouri, child support is calculated by using a Form 14, which takes into account a number of different factors to help determine a fair amount of child support that the custodial parent is supposed to receive. When there is a 20% deviation between what was previously ordered and the present day reality, a child support modification can be sought.
Significant increases or decreases include:
In addition to changes in financial status, additional factors can change the amount that is due in child support. For example, health insurance costs, childcare costs, and other child-related costs might be factored into the equation. If these costs change over time, the amount of child support due may be influenced as well. Additionally, child support may be adjusted due to either parent having additional children.
If you need help with child support modification or any other family law issues in St. Louis, we are here to help you explore your legal options.