‘To pay or not to pay that is the question’ or is it?
While most unemployed Americans are determining what to pay and what can be put on hold until later, two items that should not be pushed to the side or delayed:
- Court ordered payments - i.e. Child support and Alimony. Nonpayment of these items can have severe consequences, like issuance of a warrant for your arrest. With many government agencies being close for a while, it has been difficult to reach them to make modifications to your current payment structure. With many government offices beginning to open, you should start reaching out to the appropriate agency to communicate your current situation. If possible, have a conversation with your ex🤦♀️.
And remember, it is always better for you to tell your story to the courts before your ex does. - Home and life insurance - Nonpayment can cause your policy to lapse which means, the policy is no longer active due to missed premium payments. So if you have an unforeseen accident, they may not be required to pay you. Contact your agent to see what can be done and always follow-up with a written recap of the conversation.
Remember keep a paper trail, you never know when you will need evidence of the conversations!
