Tennessee Child Support Interest Rate

Find all needed information about Tennessee Child Support Interest Rate. Below you can see links where you can find everything you want to know about Tennessee Child Support Interest Rate.


TN 2018 Legislation: New Interest Rates on Child Support ...

    https://memphisdivorce.com/tennessee-child-support-laws/tn-2018-legislation-new-interest-rates-on-child-support-arrears/
    New legislation changed the rates of interest courts can order on child support arrears, again. Public Chapter 1049 was signed into law on May 21, 2018, amending Tennessee’s child support law. All of the statutory interest rate changes for arrears went into effect on July 1, 2018.

Arrears Interest on Back Child Support Lowered: New TN Law ...

    https://memphisdivorce.com/tennessee-child-support-laws/new-judgment-interest-rate-tennessee-arrears/
    Under previous law, the mandatory interest rate was 12% per year on the back child support amount with interest accruing from the date of the arrearage. That is, the interest could relate back as many years as the court determined appropriate under the circumstances.

Tennessee Legislature Changes Interest on Child-Support ...

    https://herstontennesseefamilylaw.com/2017/05/01/tennessee-legislature-changes-interest-on-child-support-arrearages/
    May 01, 2017 · Tennessee law, codified at Tennessee Code Annotated § 36-5-101 (f) (1), has long provided that interest on a child-support arrearage accrues simple, non-compounding interest at the rate of 12% per year. The interest was mandatory.

What is the new interest rate on child support arrearages ...

    https://tennesseeflatratedivorce.com/blog/new-interest-rate-child-support-arrearages-tennessee/
    Aug 10, 2017 · If the court finds that interest should accrue, the interest rate shall be no more than four percent (4%) per year. Interest on child support arrearages that accrued prior to April 17, 2017 will continue to accrue mandatory interest at the rate of twelve percent (12%) per year.

Past-Due Child Support Laws are changing in Tennessee

    https://phillipsandingrum.com/2017/06/22/new-past-due-child-support-laws-taking-effect/
    Jun 22, 2017 · Arrearages are delinquent child support payments that accrue when a parent did not pay child support when it was due or did not pay the full amount. Those past-due child support payments, once ordered by the court, used to carry a mandatory interest rate of twelve percent (12%) per annum.Author: Grayson Cannon

Modifications to Child Support Laws in 2017 Tennessee ...

    http://www.tba.org/journal/modifications-to-child-support-laws-in-2017
    Now, with the amendment, it is even more interesting to note that the interest rate on child support arrearage is capped at 4 percent per annum, a rate that is lower than the standard rate of interest on other types of judgments in Tennessee.

Child support calculator plus interest

    http://www.anycalculator.com/childsupport.htm
    Anycalculator uses "an average of interest rates currently applied to past due child support in the United States.". Each state has its own law providing for the interest rate that is allowed. Other factors that may affect the balance due should also be considered, such as income tax refund intercepts from the debtor.

Interest on Child Support Arrears

    https://www.ncsl.org/research/human-services/interest-on-child-support-arrears.aspx
    Apr 08, 2019 · States may look at interest on child support arrears as both an incentive to encourage timely payments as well as a penalty for those who do not make payments. Thirty-five states, Guam and Puerto Rico authorize interest charges for child support arrears. Many charge interest at set rates per year: 12% per annum: Colorado, Kentucky and Washington

Interest on Child Support Arrearage in Tennessee: Jackson ...

    https://herstontennesseefamilylaw.com/2011/05/19/interest-on-child-support-arrearage-jackson-v-jackson/
    The trial court determined that Mother owed $22,400 in child support arrearages plus interest in the amount of $10,392, for a total child support arrearage of $32,792. Mother appealed the assessment of interest on her arrearage.

Child Support Program - tn.gov

    https://www.tn.gov/humanservices/for-families/child-support-services.html
    In Tennessee, the Department of Human Services administers the Child Support Program. Offices are located across the state in all 31 Judicial Districts. The services are provided through local district attorneys, DHS staff and private agencies under contract with the state.



Need to find Tennessee Child Support Interest Rate information?

To find needed information please read the text beloow. If you need to know more you can click on the links to visit sites with more detailed data.

Related Support Info