Arrears

(redirected from arrearages)
Also found in: Dictionary, Thesaurus, Financial.

Arrears

A sum of money that has not been paid or has only been paid in part at the time it is due.

A person who is "in arrears" is behind in payments due and thus has outstanding debts or liabilities. For example, a tenant who has not paid rent on the day it is due is in arrears.

Arrears may also refer to the late distribution of the dividends of cumulative preferred stock.

arrears

n. money not paid when due, usually the sum of a series of unpaid amounts, such as rent, installments on an account or promissory note, or monthly child support. Sometimes these are called "arrearages."

Mentioned in ?

References in periodicals archive ?

'Efforts to settle GSIS premium arrearages incurred by the Quezon City government from July 1997 to December 2013 goes as far back as the administration of former Mayor Ismael Mathay Jr.

QC to pay GSIS P53M to settle employees' unremitted contributions

Hence, a party can appeal a civil contempt finding even though it resides in an order including an arrearage determination, because resolution of the contempt issue will not affect the arrearage determination?

Party cannot appeal only amount of appeal bond

Steps Used to Calculate Statutory Interest on Support Arrearages

The intersection of F.S. 55.03 and Florida family law: statutory interest calculations for past-due support payments

You shall deduct [Choose only one] () the full amount, ()--%, or () none of the income which is payable to the obligor in the form of a bonus or other similar one-time payment, up to the amount of arrearage reported in the Income Deduction Order or the remaining balance thereof, and forward the payment to the State of Florida Disbursement Unit.

Family law rules amendments

Either way, if not addressed, a child support order with mounting arrearage can become a major barrier to successful reentry.

Child support and reentry: basic facts and promising practices

The Illinois passport denial program, (4) which is part of the Federal Offset Program, (5) bars obligors with child-support arrearages from obtaining a new passport or renewing an existing passport.

Child support: the price of not paying: tools for enforcing child-support collection: Illinois child-support obligors who refuse to pay risk losing driving privileges, professional licenses, the right to hunt or fish, and other serious penalties. This article describes enforcement incentives available to obligees

It has encouraged financial self-sufficiency by providing children and families with regular and reliable child support payments, prevented the buildup of unpaid child support before large court-ordered arrearages accrue, and demonstrated that early case-monitoring and intervention deters the nonpayment of child support.

Auto-dialer helps increase child support payments in Arizona

The arrearage is cured over a course of up to five years, and the debtor is given a fresh start.

Following the letter of the law: servicers need to carefully monitor what is in a bankruptcy plan before it's confirmed, if they want to ensure full repayment under Chapter 13

"When someone pays their arrearages, this consists of the owed mortgage payments in addition to their current monthly mortgage, taxes, escrow payments, corporate advances, and attorneys fees that are charged by the mortgage servicer and the substitute trustee who will be receiving the payments."

Save your home from foreclosure: if you're facing the nightmare of losing your home, these strategies can help

E took detailed steps to ensure that T's president addressed the deficiency and remained current on the payroll taxes thereafter, steps that might have proved successful if not for the concealment of the continuing arrearages.

Parent's president and chairman not liable for subsidiary's payroll tax

Additional sanctions were imposed in the late 1990s because of Pakistan's nuclear testing, the military coup by now president Pervez Musharraf, and arrearages on debt repayment.

The Defense Institute of Security Assistance Management Mobile Education Team visits Pakistan

The FTB now collects arrearages, but it has been mandated by the state to develop a statewide, automated child support system.

Sacramento vs. 1,000-pound Gorilla: budget woes bring more cuts, tax increases. (Federal Tax)