The FRO Solution Blog
Thursday, January 24, 2008
Lay offs & Plant Closures
Everday we read about more plant closures and lay offs along the 401 corridor in Southern Ontario. If you experience a job loss or lay off you should immediately consider initiating proceedings to change your support order ( motion to change or vary ). Otherwise, the FRO will continue to enforce the existing order even though your income has been reduced significantly. Your new income could be subject to a 50% deduction. So will your EI benefits. Your tax refund, GST rebates and bank accounts could be seized. Your credit could be affected. Your driver's licence could be suspended. You could even end up in jail. All because you lost your job and didn't promptly go back to court to get your support order changed accordingly.
