Legal Question in Family Law in Florida
Alimony Payment Requirments
I am CPA, age 61....have been paying heavy alimony ($2,300 per month + $86.54/mo. life insurance premium) since July 1999 divorce, and provisional alimony prior to that. The divorce took place in Duval County FL; I now live and work in South Carolina, but anticipate moving to Arkansas.
I am considering retirement....or at least working a lesser paying job, probably in Arkansas. Since my divorce, my ex-wife inherited substantial assets from her now deceased parents....at least $500,000. My only significant assets are approximately $100,000 of retirement/IRA accounts and 2001 pickup truck, with vehicle loan fully paid.
What would be the consequences if I merely discontinued making alimony payments? Would I go to jail? Would my ex-wife be able to attack or attach my retirement accounts? Would she be able to garnish my wages, and cause me embarrassment with my employer too?
The divorce judge in FL awarded her all of the proceeds from the sale of our residence, and also half of my retirement accounts, valued at the time of the divorce.
She ran up over $80,000 of credit card debt. I filed Chapter 7 bankruptcy (debts discharged Dec 1999), and she filed Chapter 13.
Thanks for your help. Help!!!
1 Answer from Attorneys
Re: Alimony Payment Requirments
You will have to seek modification of the court order, when you have a change of circumstances.