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Current as of January 01, 2022 | Updated by FindLaw Staff
Subject to s. 767.511(6m), a party ordered to pay family support under this section, 2019 stats., shall pay simple interest at the rate of 1 percent per month on any amount in arrears that is equal to or greater than the amount of child support due in one month. Subject to s. 767.511(6m), if the party no longer has a current obligation to pay child support, interest at the rate of 1 percent per month shall accrue on the total amount of child support in arrears, if any. Interest under this section is in lieu of interest computed under s. 807.01(4), 814.04(4), or 815.05(8) and is paid to the department or its designee under s. 767.57. Except as provided in s. 767.57(1m), the department or its designee shall apply all payments received for family support ordered under this section, 2019 stats., as follows:
(1) First, to payment of family support due within the calendar month during which the payment is received.
(2) Second, to payment of unpaid family support due before the payment is received.
(3) Third, to payment of interest accruing on unpaid family support.
Cite this article: FindLaw.com - Wisconsin Statutes Marriage and Family (Ch. 765 to 770) § 767.531. Family support - last updated January 01, 2022 | https://codes.findlaw.com/wi/marriage-and-family-ch-765-to-770/wi-st-767-531/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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