According to this link: http://www.bankruptcyinformation.com/FL_exemp.htm
Child support payments are an exempt asset. How does that work exactly? I'm confused. I always thought child support was INCOME and not an ASSET? Would that mean I don't count it as income? I am sooooo confused!
And can someone explain to me the wages portion of the exemption. I'm wondering what that means too. TIA~
Child support payments are an exempt asset. How does that work exactly? I'm confused. I always thought child support was INCOME and not an ASSET? Would that mean I don't count it as income? I am sooooo confused!
And can someone explain to me the wages portion of the exemption. I'm wondering what that means too. TIA~
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