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NBA star Glen Rice seeks lower child support

People of all walks of life can experience an ebb and flow of finances. Even people in Massachusetts who once owned millions can find themselves struggling to meet their financial obligations. For parents who find themselves unable to meet their child support obligations, there are options available that could potentially allow them to avoid additional legal complications in their lives. Former NBA player Glen Rice has recently taken measures to reduce the amount of child support he pays.

Rice played in the NBA for 15 years for a variety of different teams. However, he retired in 2004 and has been living off the assets he earned playing basketball ever since. Unfortunately, he claims that his inability to find gainful employment and a series of bad investments have left him in a precarious financial situation.

His situation is so dire, he claims, that he is unable to meet the $1,500 a month financial obligation he has to his child. His recent request for a reduction was granted by the court and agreed to by the child's mother, leaving him paying $600 a month. The agreement is contingent upon him paying the $2,000 that he currently owes in unpaid support.

Most parents in Massachusetts are dedicated to ensuring that their financial obligations to their children are met. Unfortunately, unforeseen circumstances can so drastically change a person's financial situation that they are not able to meet child support payments agreed upon when he or she earned more money. As a result, many people seek the guidance of an experienced professional to help them request a modification. By going through the courts, a parent can potentially avoid conflict and ensure that there are no misunderstandings between the parents and child.

Source: charlotteobserver.com, "Former Charlotte Hornet 'almost broke'; gets to lower child support payments", Jose Lambiet, Sept. 20, 2016

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