Noncustodial parents who want to apply for a mortgage in Ohio should be aware that child support is considered a type of debt. If there are overdue child support payments, they can be counted as a derogatory credit event and negatively impact the chances of being approved for a mortgage. However, having child support arrearages on one's credit record does not mean that it's impossible to qualify for a mortgage.
There are many factors taken into consideration when a divorcing parent in Ohio seeks child support. However, a factor that's not on most people's radar is location. According to a study published by a company that produces a web-based app to help parents with custody agreements, location plays a significant role in child support determination.
The U.S. Department of Agriculture has issued a guidance to Ohio and the other states across the country urging state directors to implement new child support requirements for recipients of a major food assistance program. The Supplemental Nutrition Assistance Program, or SNAP, serves around 40 million people across the country. Many SNAP recipients are single-parent families, especially as 37% of children in single-parent households are living in poverty. Now, the USDA is calling on state directors to implement a child support cooperation requirement in order for people to receive SNAP benefits.
Ohio residents and others who are owed back child support have the right to seek it from the noncustodial parent. Those who choose to pursue back support must show several different forms of evidence to a judge to successfully do so. If the noncustodial parent is a male, he must know that he is the father of the child. In any case, a custodial parent must show that he or she made an effort to collect the money owed.
Child support payments in Ohio are intended to ensure that both parents participate in their child's development based on their income and ability. It is not designed to punish parents but to enable children to grow and live well. While initial child support calculations are generally based on the parents' income, financial situations can change while an order remains in effect. As a result, some parents may suffer extensively and face the potential for serious penalties, even though they truly cannot afford to meet the payment schedule.
As many Ohio parents know, child support disagreements can become very tense. Complications add up if there is any question about paternity. In those cases, results from DNA testing might be the key to resolving the issues.
When parents in Ohio decide to divorce or separate, an increasing number are opting for joint custody arrangements in which the children spend a roughly equal amount of time with each parent. Because neither parent has primary custody, both parents may wonder how joint custody will affect child support obligations. In a joint custody situation, both parents share the everyday financial and practical responsibilities of child-raising. Joint custody situations are handled differently in family court than primary custody family situations.
A parent in Ohio who has overdue child support obligations may still be able to obtain a mortgage to purchase a home. While delinquent child support is considered a derogatory credit event and lowers one's chances of obtaining a mortgage approval, there are some options.
Ohio parents who separate or divorce may find themselves suddenly involved in the child support system. However, despite the prevalence of child support, many people know little about how it works. Each year, August marks Child Support Awareness Month, which is meant to spread information about the financial responsibilities of noncustodial parents to their children.
Ohio parents who are new to paying or receiving child support payments may find the process a bit confusing. For instance, some noncustodial parents make child support payments directly to the custodial parent, while other parents pay their support directly to the state. The structure of the payment plan depends on the type of child support case a parent has.