What does disbursement mean in child support?
disbursement is the act of transferring the funds collected in child support to the custodian of your child. If you’re paying child support via check or money order, that money will be disbursed to your child’s custodian when the check is cashed. If you are using a debit card or electronic payments, the money will be disbursed automatically.
What does the word disbursement mean in child support?
When you owe child support payments, the payments are usually sent to the custodian or the state. Sometimes, however, you will be required to disburse the money. disbursement refers to the payments made to your child or the custodian. Disbursement is usually made in the form of checks, money orders, or wire transfers.
What does the word disbursement mean in child support enforcement?
A disbursement of the child support payment is simply the transfer of funds from the payor to the custodian of the children. This is typically done through a bank account or electronic transfer. Disbursement is a term of art in the field of child support and has a very specific meaning. Generally speaking, disbursement is the transfer of funds to the custodian of the children after the payor receives confirmation of payment from the payment service provider or the state, depending on the payment method
What does the term disbursement mean in child support?
Disbursement in the context of child support refers to the actual payment of money to the parent or custodian. If the parent has control over the funds, the parent can usually choose to have the money in cash or deposited into their bank account. If the parent does not have control over the money, the parent must work with the county to disburse the money.
What does the word disbursement mean in custody?
Sometimes, when you are paying child support by check, you will need it disbursed to your child’s custodian. You can have the money transferred directly to their bank account, but you will need to get a signed withdrawal authorization from the custodian that states they can receive the funds. This avoids the possibility of the child’s parent stopping payment on the check, which would leave the child without any money.