Ex-Husband's Financial Support Obligation Reduced After Job Loss
Chicago Divorce Lawyer Successfully Argues for Post Divorce Modification Due to Income Decrease
A renowned global economist divorced his stay-at-home wife of over 20 years. Even though his job was being eliminated and he was going through a dramatic career adjustment, the court paid little attention to his financial straits.
The unsympathetic court ordered him to pay unallocated child support and maintenance to his ex-wife in the amount of $9,000 each month. After being laid off, the economist was building his own consulting business and, while he had high hopes for the future potential income, his then current income was almost non-existent.
The economist hired the attorneys of Komie and Associates to obtain much deserved relief from this ridiculously burdensome award. The ex-wife could not have cared less for her children's father's financial desperation. As far as she was concerned, it was his problem alone to resolve. She was sitting on a financial settlement of over $1,000,000 and yet felt no responsibility for her own support.
Komie and Associates went to work assembling the financial documents necessary to show that economist had almost completely exhausted his financial reserves. Further, they provided the financial analysis necessary to show that the economist had experienced a legitimate and unavoidable reduction of income. They showed that this gentleman was deserving of the court's kindness. After multiple hearings, Komie and Associates succeeded in procuring the requested relief and in reducing the economist's child support and maintenance obligation to amounts as low as $2,000 per month.
For help with your divorce, post judgment modification or child related issue, contact the Chicago office of Komie and Associates at 312-263-2800. We serve clients throughout the state of Illinois.