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What are the advantages to paying off my child support arrears?

April 26, 2017advantages arrears child support paying

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What are the advantages to paying off my child support arrears?

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1. Eliminate interest, which is accruing on child support arrears at the rate of 10% per year 2. Improve your credit rating 3. Prevent suspension of your driver’s license 4 Prevent suspension of your professional license 5. Prevent intercept of your tax refunds 6. Prevent suspension of your passport 7. Prevent a levy against your bank account • What are the advantages to reducing my child support arrears?[ Top ] 1. Improve your credit history by reducing your total indebtedness 2.