modifications
You can modify your payments using several different methods, but the most common is to change your payments due to changed circumstances. You still must prove a substantial and continuing change of circumstances, but the change in finances must result in a 10 percent or more difference per month.
legal standards
“Income” is defined as actual gross income of the parent, if employed to full capacity or potential income if unemployed or underemployed. Gross income includes income from any such as income from salaries; wages, commissions; payments received as an independent contractor, business income, rents, royalties, retirement benefits and more.
child support
In Colorado, children have a legal right to financial support from both parents, and that right belongs exclusively to the child. This obligation exists even if the child’s parents were never married. Understanding the interplay between alimony and child support is critical when considering child support payments.
collections
Failing to pay child support can result in serious consequences including garnishments, liens, driver's license and professional license suspensions, as well as bank account seizures. Interest accrues monthly, and child support debtors can face jail time and court penalties
legal standards
The Colorado Child Support Guidelines are designed to make sure that a fair share of each parent’s income and resources are given to their child. Some of the factors include: Gross income of both parents; The child’s income; Number of overnights the child spends with each parent; Expenses, including health insurance and daycare; Other child support orders; and financial support given to children or prior spouse the parent may have with another person.