about 14 years ago I was sanctioned after a 2 day trial on custody issues 2/3 of my ex-wife's attorney's fees. The sanction was classified as child support.
Our daughter just turned 18 and will be out of high school in a couple of months so child support will stop but the arrears will still have to be paid.
I have been paying my regular child support per court order but even though I have been paying what I can afford towards the sanction, the amount I owe each month in interest is above the monthly support plus sanction amount. Therefore, even though I am paying the court ordered amount, I am not reducing the principal at all and the amount keeps going highter and higher. Right now the sanction plus interest (excluding my monthly obligation which I have been meeting) is over $150,000.00 and rising.
Is there a cap on how high this can go? If there was, and the interest would stop, I could see reducing the amount each month and eventually paying it off. As it stands now, the nut gets bigger each month with no way to stop it.
Any help re this issue would be appreciated.