What are ways for reducing child support payments?

In New York, there are several ways that a parent may be able to reduce child support payments. The first way to reduce child support payments is to come to an agreement with the other parent for forgiveness of past-due child support. If one parent is able to prove that payment of past-due child support would cause a severe economic hardship, the court may reduce the amount owed or make payment arrangements for a lower amount. The second way to reduce child support payments is to apply for modification of the existing child support order. A modification can be requested when there is a change in the paying parent’s income or in the needs of the child. If the court finds that a significant change has occurred, they may lower the amount of child support payments. The third way to reduce child support payments is to take advantage of a child support insurance plan. This plan allows the paying parent to obtain insurance coverage to supplement their income and to reduce their child support payments. Finally, a parent may also be able to reduce child support payments by following the shared-cost custody plan. In this arrangement, the parents can agree to a reduced child support payment from the non-custodial parent in exchange for a reduced time with the child. In conclusion, there are several ways that a parent may be able to reduce child support payments in New York. These include entering into an agreement with the other parent for forgiveness of past-due child support, applying for modification of the existing child support order, taking advantage of a child support insurance plan, and following the shared-cost custody plan.

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What are ways for reducing child support payments?

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