CMS assets exceeding a prescribed value

Home Online forum Gingerbread Forum CMS assets exceeding a prescribed value

Viewing 1 post (of 1 total)
  • Author
    Posts
  • #18563 Report

    Lfp5
    Participant

    Hi all,

    I was hoping someone would be able to shed a little light on the new child support legislation, particularly section 2 – 69a.

    It is of course written in political legal jargon and was hoping someone would be able to help explain it in Laymans terms.

    They seem to be saying that if the non receiving parent has assets over £31,250.00 they can use this and calculate the assets as an 8% extra income.

    My question is assets change every single day, how would they be able to calculate this? Also in the divorce it was agreed to be a clean break, neither of us are to make a financial claim on each other in the future. This just seems to be making a mochary of the court order.

    Any help on this matter would be appreciated.

    Thankyou

Viewing 1 post (of 1 total)

Log in or register to reply to this thread

Log In Register