After a divorce involving children or when an unmarried couple has a child from their relationship, typically one parent is a custodial parent and the other is the non-custodial parent. The non-custodial parent is obligated to pay monthly child support to the custodial parent, and, depending on the circumstances, may have visitation rights to see the child.
In a divorce, separation or split-up with children, the custodial parent is entitled to child support from the non-custodial parent. Child support guidelines vary from state to state. Despite the law and guidelines, non-payment or underpayment of child support is on the rise. The Federal Office of Child Support Enforcement estimated that nationwide more than $100 billion is owed to custodial parents and recent U.S. Census Bureau data reports that only 40 percent of custodial parents actually receive all the child support monies they are due.
Former heavyweight boxing champion, Evander Holyfield was ordered by a judge to start reducing his debt of almost $564,000 by paying nearly $3,000 per month to his now 18-year old daughter. He has racked up this debt in unpaid child support. Reportedly, in addition to the back child support issues, Holyfield is facing other financial woes and his $14 million dollar home was foreclosed upon.