What happens to alimony if you lose your job?
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What happens to alimony if you lose your job?
A job loss can sometimes reduce your spousal support obligations depending upon the circumstances. If the recipient spouse is not in agreement that the job loss should reduce spousal support, then you must convince the court that a change is reasonable in light of your current financial circumstances.
Can alimony be reduced?
In order to convince a judge to reduce (or even terminate) alimony, the paying spouse must demonstrate a significant change in the financial circumstances of one or both spouses, such as: the involuntary loss of a job or wage reduction. an illness or disability that prevents the paying spouse from working.
Does alimony change if income changes?
If a spouse receiving alimony has a substantial increase in income, the payor can request a downward modification of support based on the change of circumstance. An increase in income is not the only reason one can modify support due to changed circumstances.
