Find all needed information about Illinois Child Support Interest. Below you can see links where you can find everything you want to know about Illinois Child Support Interest.
https://www.ncsl.org/research/human-services/interest-on-child-support-arrears.aspx
Apr 08, 2019 · Any payments in excess of the current monthly child support obligation and the unpaid child support balance shall be applied to the accrued interest on the unpaid child support balance. Interest on child support obligations may be collected by any means available under State law for the collection of child support judgments.
https://www.hinsdalelawyers.com/blog/child-support-lawyer-interest-on-overdue-support
Our child support lawyers at Martoccio & Martoccio are highly skilled in both the collection of child support and interest, and in defending from improper claims of unpaid child support and interest. Just how complicated child support interest is to calculate in Illinois would make an accountant sweat.
https://www.divorcesource.com/ds/illinois/the-application-of-child-support-interest-2994.shtml
By now we should all be aware that child support accrues interest at 9% a year, as stated at 750 ILCS 45/20.7 and 5/505(b) Interest on support obligations. A support obligation or any portion of a support obligation, which becomes due, and remains unpaid for 30 days or more shall accrue simple interest at the rate of 9% per annum.
https://illinoislawforyou.com/child-support-modification/interest-on-child-support/
Mar 12, 2014 · Rather, Illinois Courts had the discretion to award interest on back child support, but were not required to award child support. On May 1, 1987, the Illinois General Assembly enacted Public Act 85-2, which amended the law to state that child support judgments shall bear interest.
https://www.mkfmlaw.com/dupageattorney/child-support-interest-illinois
Sep 17, 2014 · Child Support Interest in Illinois. Posted on September 17, 2014. When child support is ordered in Illinois, the order for support must be complied with until modified or the child support obligation terminates. However, not every parent who is ordered to pay child support complies. As a result, the parent will owe back child support, known as ...
https://www.oflaherty-law.com/learn-about-law/changes-to-illinois-child-support-laws-for-2019
Oct 28, 2019 · In this article we will explain recent changes to Illinois child support law. Although the major changes discussed in this article went into effect in July of 2017, this article has been reviewed and updated for 2019. For much more on Illinois child support law, check out our article: Illinois Child Support …
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