Searching for Ohio Child Support Interest Rate information? Find all needed info by using official links provided below.
https://www.ncsl.org/research/human-services/interest-on-child-support-arrears.aspx
Apr 08, 2019 · (d)(1) In lieu of interest on unpaid child support which has accrued under a child support order, a child support surcharge shall be imposed on past-due child support. Beginning July 1, 2004, the surcharge shall be computed and assessed monthly at a rate of one percent or an annual rate of 12% and shall not be compounded.
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https://www.supportcollectors.com/resources/ohio-laws-and-resources/
Interest on Missed Ohio Child Support Payments. Interest is charged on back child support in some cases. Ohio child support law states that the court shall assess interest on the amount of support an obligor failed to pay if the court determines the failure to be …
http://codes.ohio.gov/orc/3123
Chapter 3123: DEFAULTS UNDER CHILD SUPPORT ORDERS. ... if interest is assessed, shall compute the interest at the rate specified in section 1343.03 of the Revised Code. The court shall specify in the support order the amount of interest the court assessed against the obligor, if any, and incorporate the amount of interest into the new monthly ...
https://memphisdivorce.com/tennessee-child-support-laws/tn-2018-legislation-new-interest-rates-on-child-support-arrears/
Interest on child support arrears. New legislation changed rates of interest courts order on child support arrears, again. PC 1049 was signed into law May 21, 2018, amending Tennessee's child support law. All statutory interest rate changes for arrears went into effect on July 1, 2018.
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