If you`re a parent in Nebraska who is paying or receiving child support payments, you may have heard of a „child support subordination agreement.” This document can be important if you need to prioritize your child support payments over other debts that you owe. Here`s what you need to know about Nebraska child support subordination agreements.
What is a Child Support Subordination Agreement?
A child support subordination agreement is a legal document that allows a parent to prioritize the payment of their child support over other debts that they owe. Essentially, the agreement makes the child support payments a higher priority than other financial obligations, such as credit card debt or a personal loan.
In Nebraska, a child support subordination agreement is filed with the court that handles your child support case. By doing so, the agreement becomes a court order, which means that it is legally binding and enforceable.
Why Might You Need a Child Support Subordination Agreement?
There are a few reasons why you might want to consider a child support subordination agreement:
– You`re struggling to make your child support payments due to other debts. If you have multiple financial obligations, it can be challenging to keep up with all of them. By prioritizing your child support payments, you can avoid falling behind and facing legal repercussions.
– You`re trying to negotiate a payment plan with a creditor. If you owe money to a creditor, such as a credit card company or a personal loan provider, they may be willing to work with you on a payment plan. However, if your child support payments are not a high priority, they may not be willing to negotiate. A child support subordination agreement can ensure that your child support payments are given priority.
– You`re facing wage garnishment. If you owe money to a creditor, they may be able to garnish your wages in order to collect payment. However, if you have a child support subordination agreement in place, your child support payments will be given priority over wage garnishment.
How to File a Child Support Subordination Agreement in Nebraska
If you`re interested in filing a child support subordination agreement in Nebraska, you`ll need to follow these steps:
1. Draft the agreement. You can either hire an attorney to draft the agreement for you, or you can use a template. Make sure that the agreement includes all relevant information, such as the amount of child support you owe, the amount of your other debts, and the priority level of your child support payments.
2. File the agreement with the court that handles your child support case. You will need to provide copies of the agreement to both the custodial parent (the parent who receives the child support payments) and the noncustodial parent (the parent who pays the child support).
3. Attend a hearing. The court will schedule a hearing to review the agreement and ensure that it is in the best interests of the child. You will need to attend the hearing in person.
4. Wait for the court`s decision. After the hearing, the court will issue a decision on whether or not to approve the agreement. If it is approved, the agreement will become a court order and will be legally binding.
In summary, a child support subordination agreement can be a useful tool for parents in Nebraska who need to prioritize their child support payments over other debts. If you`re interested in filing an agreement, it`s important to work with an experienced attorney who can guide you through the process and ensure that your rights are protected.