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Overview. New York States CAP is a loan loss portfolio insurance program designed to increase financing opportunities for New York States small businesses, socially and economically disadvantaged individual (SEDI) business owner* and very small businesses (VSB)**.
If the other parent does not agree to dismiss the child support arrearage, file a motion in court and ask a judge to dismiss the arrearage. Then, ask the judge to schedule a hearing date. At the hearing, you will be allowed to present evidence as to why the judge should dismiss the arrearage.
Effective March 1, 2024, for the next two years, the income cap for child support calculations is $183,000 (up from $163,000) and the income cap for maintenance is $228,000 (up from $203,000). Child support is calculated using the formula in the Child Support Standards Act [DRL 240, FCA 413].
The journey to address child support arrearage begins with your co-parents willingness to request the court for dismissal. This can be a full or partial waiver of the owed amount. The first step is to contact the Attorney Generals child support division, where youll receive a request for review form.
Arrears Cap can put a limit on the amount of child support debt that a noncustodial parent owes to the government for a period of time. The amount of arrears can be reduced to as low as $500. To qualify, noncustodial parents must owe child support debt to the NYC Department of Social Services (DSS).