Schedule An Appointment With Us 604-800-8853
Family Law Blog

Family law ruling: Man owes over $500k in child support

In child support cases, staying up to date and honest about changes in one's financial situation are important to maintaining an agreement. A British Columbia man learned this the hard way when a court ordered that he pay over $522,000 in child support after providing misleading financial information to his ex-wife or the courts. Under provincial family law, income is an important factor in deciding how much will be given during a child support agreement.

In 2003, the British Columbia couple agreed that the man would pay $1,182 in child support each month. He also agreed to pay $372 for the children's transportation costs. This was based on the understanding that his baseline income was $90,511. Later, this amount was raised to $1,600 per month.

The man cut his child support payments to $800 without notice after selling his business in 2010. That year, he made $1.25 million from the sale. The sale also allowed him to receive annual payments ranging from $250,000 to $157,000 until 2021. Even before this sale, the judge ruled that his income had always been higher than reported. The case made its way to the British Columbia Supreme Court, where it was ruled that, according to provincial family law, he needed to pay child support in the amount of $522,408.24 along with a monthly sum of $1,041 for education expenses.

Family law in British Columbia considers a person's salary when determining their child support amount. A lawyer can help a person understand what steps he or she can take to negotiate a fair agreement for child support based on these laws. Those with challenges or questions regarding child support, separation agreements or other family law issues may wish to seek support from a legal professional.

Source: Globalnews.ca, "B.C. man owes over $500K in child support after he understated his cash by thousands - BC", Jeremey Lye, Sept. 15, 2017

No Comments

Leave a comment
Comment Information
Back to top

vancouver office
1367 West Broadway, Suite 504
Vancouver, BC V6H 4A7

Phone: 604-800-8853
Fax: 604-734-6366
Vancouver Law Office Map

VANCOUVER FAMILY LAW BLOG

See what’s currently happening in the law and with our firm. Read the latest posts on our Vancouver Family Law Blog!

Visit Our Blog

We Value Your Opinion

We strive to provide quality services to our clients and invite you to share your opinion of our legal services.

Review Us