A lot can change during a child’s life. Maybe the initial child support agreement was insufficient, or situations have changed, triggering a reassessment of child support payments in your family. Some common occurrences that lead to these modifications are:
Changes in income - Parents may lose their jobs or receive a pay cut that prevents them from affording their child support payments. They may also acquire higher sources of income that call for a reassessment of payments to keep financials fair within the family.
Increase in responsibilities - A child may develop disabilities or incur injuries that result in medical expenses. This can also include braces, glasses, or any other necessities.
Additional Children - Many ex-spouses will remarry, create new families, and have more children. It may be necessary for child support payments to be reassessed for one child, in order to equally to provide for all of the children.