Is there a statute of limitations on child support in Washington state?
Is there a statute of limitations on child support in Washington state?
Washington law does have a statute of limitations for collecting back child support. Under Washington law, for child support orders and arrearage judgments entered after J, you have ten years from the date that the youngest child covered by the order turns 18 years of age.
Can custodial parent forgive arrears?
A custodial parent can waive or forgive all arrears owed to him or her directly. Use the Account Summary from the SCU to determine what arrears are owed to the parent, and what arrears are owed to the state (if the custodial parent ever received Public Assistance).
Can you buy a house if you owe back child support?
Child support is an obligation that counts as a debt when you qualify for a mortgage. Back child support, also called delinquent child support or child support arrearage, is more than an obligation. It also counts as a derogatory credit event and can harm your mortgage approval chances.
Can child support be taken off your credit report?
You cannot remove accurate information from your credit report. However, if you’ve paid off child support and it’s still showing up on your credit report as delinquent, you can — and should — take action.
Can you get an SBA loan if you owe child support?
Owners who are delinquent on child support, owe money to the IRS without a payment plan on which they are current, or who are not making required student loan payments are also ineligible. SBA processes loan applications as they are received and owners are encouraged to apply as quickly as possible.
Is it hard to get approved for a SBA disaster loan?
When it comes to SBA disaster loan credit score requirements, there’s no hard and fast minimum credit score you’ll need for approval. However, the SBA usually wants to see a credit score of 620 or higher. If you aren’t quite at the 620 mark, you might still qualify for a disaster loan.
Are SBA disaster loans good?
Compared to other working capital options, SBA Disaster Loans will likely be among your most affordable financing options. In fact, if you meet the eligibility requirements, the interest on your SBA disaster loan won’t exceed four percent.
How do I qualify for a SBA disaster loan?
To be eligible for an Economic Injury Disaster Loan through the SBA, you’ll need to be located in a disaster declared county or a contiguous county. This type of loan is open to private organizations or small business owners who have sustained an economic injury because of the declared disaster.
What is the minimum credit score for an SBA loan?
640
What credit score is needed for an SBA loan?
But remember, the SBA loan will come through a lender, and they have no problem doing so. For the SBA 7(a), this means a minimum score of approximately 640. But you’ll increase your chances to be approved for an SBA loan with a minimum credit score of 680 or higher.
