New Mexico Bank Account Monthly Withdrawal Authorization

State:
Multi-State
Control #:
US-02517
Format:
Word; 
Rich Text
Instant download

Description

This form is a monthly withdrawal from bank account authorization, allowing monthly payments to designated payee. A voided check for the account in question must be attached.

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FAQ

Interest shall accrue on delinquent child support at the rate of four percent and spousal support at the rate set forth in Section 56-8-4 NMSA 1978 in effect when the support payment becomes due and shall accrue from the date the support is delinquent until the date the support is paid.

How Much is Child Support for 1 Kid in New Mexico? A New Mexico court estimates the cost of raising one child at $1,000 per month. The non-custodial parent pays $666 monthly in child support for one child or 66.6% of the total child support obligation.

Simply put, yes, child support is paid with a joint custody arrangement unless your case has very specific circumstances.

Paying parents can have child support payments withdrawn directly from their existing checking or savings account by completing the Auto Withdrawal Authorization. This is the fastest and easiest way to make child support payments. This option is also available through the New Mexico Child Support Online Portal.

The basic child support obligation shall be calculated based on the combined income of both parents and shall be paid by them proportionately pursuant to Subsection L of this section.

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New Mexico Bank Account Monthly Withdrawal Authorization