Well. I think this will make sense and perhaps many will identify with my situation. When I divorced the IRS had to extend me credit to pay my taxes that became due every year. Actually, my quarterly scheduled payments suffered because of the overwhelming burden of paying monthly child support. In short, something had to give and it was not the electric bill, water, sewer, insurance payments, house rent, or child support that did not get paid. You guessed it, every year I have had a roll over of taxes that the United States government has accessed penalties and interest on and then so graciously extended credit to. The process of getting credit to pay my taxes has been very simple but frustrating. The Internal Revenue Service will gladly extend a helping hand if you fall behind.
My Credit Was Ruined When I Got Divorced
I have to tell you that I am so frustrated with this thing we call “life after separation.” My credit was ruined when I got divorced. Here's what happened when I had to provide a house for my children to visit me in and also started to pay child support. I couldn't sustain monthly living expenses and the burden of what the courts had ordered me to pay to my ex-wife to support the kids. It has been a vicious cycle for the past ten years that has effected my finances drastically. Let me try to explain in more detail how this whole process of separation from my children has caused havoc in my life. First off something had to give and it was the payments on my taxes that were effected the most.
The calculations for child support obligations in Florida has caused me to suffer greatly in the area of finances. Because of the Florida Department Of Revenue's Child Support Enforcement process, whenever payments are over thirty days late, they get reported to the credit bureau. Needless to say I have been several months behind so my credit has been ruined. I have been to court several times over being behind and on one occasion the judge looked at me sternly in the eyes and said, “ Mr. ...your child support obligation is first and foremost, nothing comes before it.” Well, to keep myself from going to jail I have had to let other areas of financial obligations fall to the wayside.
When I divorced the IRS had to extend me credit
Late child support payments get reported to the credit bureau.
Having bad credit due to child support obligations is the least of my worries though. It has now just become a way of life to always be behind on taxes and have to pay enormousness amounts of money in penalties and interest to the IRS. So the statement is true, “my credit was ruined when I got divorced.” In a nut shell my financial situation sucks as a result of the child support enforcement reporting to the bureau. I will survive though because I hold on to the hope that some day soon it will all be over with.
My last child will turn eighteen in three months.