INTEREST REBATE AGREEMENT - Alabama - dhr alabama 2025

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The document is an Interest Rebate Agreement in which the custodial party agrees to waive their right to receive interest on delinquent child support payments owed by the noncustodial party. It outlines the understanding of financial loss and the possibility of reinstating the interest if a court finds contempt for failure to pay child support.
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Under Alabama law, past-due child support payments accrue interest at an annual rate of 12 percent.
You cannot remove the accrued interest on a child support judgment. The interest goes to the recipient of the child support payments.
Alabama has a statute of limitations for collecting child support payments that are past due. A statute of limitations places a time limit on when the custodial parent can collect payments from the non-custodial parent. In Alabama, this is 20 years.
WHAT IS THE DEADBEAT FATHER LAW IN ALABAMA? The Deadbeat Parents Punishment Act of 1998 makes it a felony for parents who flee to avoid child support payments. Any parent can be charged with a crime under the Act if they: Travel or move to another state to avoid child support payments.

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Alabama child support interest rebate form Who gets the interest on child support arrears in Alabama Child support interest Alabama Request for child support interest Rebate How to get rid of child support interest Alabama DHR forms New Alabama child support laws Alabama delinquent child support list

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INTEREST REBATE AGREEMENT

The custodial party or entity to whom child support is owed understands the financial loss resulting from signing this agreement. The custodial party or entity.

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