The Cook County Clerk’s office is holding 6 million dollars in unclaimed child support. It appears fairly easy to find out of you have any unclaimed child support. Can’t hurt to just put your name in if you ever received child support.
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Family Law
Markey Law Blog
I hear a lot of people use the term “legally separated” incorrectly. When it is said, they are usually trying to state that they are living separate and apart from their spouse and don’t consider themselves with that person anymore. They usually are living separate lives both emotionally and financially. Some of them never get divorced and or live separated for 10 years or more before getting around to filing for divorce. Those couples usually find out the hard way that their financial...
Child support is not just about what your “earn” it is also about your “lifestyle.” What you earn and report as income to the IRS is still very relevant to calculating child support. If you have no income, the court may not order any child support or could order a nominal amount such as $20 per week. That said, even individuals who have little to no “income” for IRS purposes still live and some live pretty well. The Illinois Appellate Court recently...
Divorce can be very financially bad for a family. Two separate households increases the family’s bills substantially. Double the utilities and housing payment. That alone can break a family. Unfortunately, many families that are getting divorced had financial problems during their marriage which help lead to the divorce. One or both spouses spent irresponsibility or the parties didn’t communicate about money. The following a few financial mistakes...
