Many Tennessee residents are familiar with boxing legend Evander Holyfield and some of his numerous achievements in the sport of boxing. The former heavyweight champion is now battling a new foe: child support debt. After having eleven children with six different women, child support payments have added up for the middle-aged celebrity. The former boxer may lose his driver’s license if he does not start paying his child support.
After several divorces and nearly a dozen children, the retired boxer has accumulated more than $300,000 in child support debt. After declaring bankruptcy in 2008, Holyfield was unable to pay most of the money owed in child support, so he set up a payment plan of $2,950. He apparently is still unable to make that amount, however. If he continues not to pay, he may lose his driver’s license. The boxer is estimated to have amassed around $250 million in his lifetime.
For countless Americans, child support is an everyday obligation. Whether it’s the result of a bitter divorce or an amicable agreement to help a child financially throughout his or her life, child support is necessary for many couples and their children. In the state of Tennessee, child support is determined by a set of state guidelines. Judges will look at the incomes of each parent as well as a number of other factors in determining if child support is necessary. For most cases, a monthly payment plan is set up which typically ends when the child turns 18.
Since no two divorces are the same, child support discussions and negotiations can yield drastically different results for each case. Tennessee residents concerned about child support may find an experienced, local attorney to be helpful. Between modifications and relocation, child support can often take unexpected turns, but a knowledgeable guide can escort a parent through each step.
Source: TMZ, “Evander Holyfield losing right to drive over child support debt!” May 25, 2013