I have a friend who is a separated father.
He had been paying €850 maintenance for his child a month, a mutual agreement between him and his ex. There was never a court negotiated payment.
They had not been married so he does not pay her maintenance.
He also pays 50% (or more) of all costs eg school books/summer camps/clothes/Christmas gifts etc.
His financial circumstances have now changed dramatically, and his income has reduced by about half. His gross pay now is approx €40,000.
He is proposing a new maintenance payment of €540 per month, as well as half of all his child's expenses.
Does this seem reasonable sum of money?
She is very unhappy with this new proposal, but he can't afford to pay any more.
Many thanks for any opinions.
Nicola
He had been paying €850 maintenance for his child a month, a mutual agreement between him and his ex. There was never a court negotiated payment.
They had not been married so he does not pay her maintenance.
He also pays 50% (or more) of all costs eg school books/summer camps/clothes/Christmas gifts etc.
His financial circumstances have now changed dramatically, and his income has reduced by about half. His gross pay now is approx €40,000.
He is proposing a new maintenance payment of €540 per month, as well as half of all his child's expenses.
Does this seem reasonable sum of money?
She is very unhappy with this new proposal, but he can't afford to pay any more.
Many thanks for any opinions.
Nicola