If you're bogged down by debt, if you need to make changes for the better in regards to your money, it's imperative to review your situation in search of relief.
One of the first things you should do is compare your income to your expenses. Are you earning enough money to cover all your bills? If not, you'll continually run into more and more trouble.
For some people, paying alimony and/or child support is a way of life. While there is nothing wrong with wanting to pay what the court requires of you, there could come a time when a change is necessary.
If you're seeking a reduction in alimony or child support, here's the one thing to remember: you must have a good reason for this. For example, most judges are sympathetic to people who have lost their job and finding it difficult to locate a new position. So, if your financial trouble is related to unemployment, you may be able to work with the court to have your alimony or child support payments reduced for the time being.
There are not many things more stressful in life than financial problems. If you find yourself in this position, it's a must to search for any possible solution.
If you are interested in a reduction of alimony or child support, learn more about the process for moving forward in New Jersey. Although this means spending time in court, it may be well worth it in the end. It could be just what you need to improve your finances and avoid more debt.
Source: Divorce Magazine, "My husband is unemployed and says he can't pay the child and/or spousal.......," Karen A. Covy, accessed Sep. 27, 2016