Sunday, January 2, 2011

What is alimony?
The money paid by one ex-spouse to the other for support under the terms of a court order or settlement agreement following a divorce. Except in marriages of long duration (ten years or more) or in the case of an ailing spouse, alimony usually lasts for a set period, with the expectation that the recipient spouse will become self-supporting, “spousal support” of “maintenance.”

What are arrears?
Money that a party fails to pay when due.  Often the sum of multiple unpaid amounts, such as rent, installments on an account or promissory note, or monthly child support. A person who has failed to make payments is in “arrears” for the amount due.

NOLO Plain-English Law Dictionary

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