How To Hide Bank Account From Child Support [Updated 2023]

Engaged couples, married couples, business partners, and even parents and children frequently open joint bank accounts. If two people open a joint bank account and one of them falls behind on child support payments the money in the account can be used to pay off.

However, in some situations, some parents devise the clever strategy of using various names on their bank accounts. In this manner, child support cannot readily track down the parents’ bank accounts.

Do you want to know how to do it? To do so, parents may opt to use a fictitious identity or even a corporate name. Some parents utilize an overseas bank account to avoid paying child support. 

Keeping your assets safe and secure may be challenging, especially when it comes to things like child support. In this essay, we will discuss ways to prevent child support organizations from accessing your account. 

Some ways to keep child support from finding my bank account

Custodial parents are highly prone to the need to keep bank accounts secret from various child support authorities. Even though it is unlawful and against the law, there are several ways to do this.

  • You may keep your account secret in a variety of methods, the most frequent of which is to open joint accounts with your husband, partner, friend, or another family member. 
  • The second alternative is to avoid creating a bank account in the first place. This may be exceedingly tough for parents at times owing to the need to keep and manage finances in an organized manner.
  • You might opt to open a different account of which the child support is not aware.
  • You may also keep your account information private and only share it with persons you have complete trust in.
  • You can also request that your bank not disclose your information to child support organizations so that they cannot discover your information.

What happens if child support finds my bank account?

If child support discovers your account, they can immediately freeze it and take cash by requesting that the bank do so. The funds may also be taken from a joint account. As a result, you can run into financial issues.

To garnish a parent’s bank account, on the other hand, a child support agency must first get a court order authorizing the bank to remove funds from the account holder’s bank account until the judgment is paid.

Hence, until the garnishment is fully met account holders will not be able to access any of the money in their bank accounts

It can be rather irritating when your bank account is restricted, especially if you need quick access to your money. You can take a few steps to prevent having your bank account frozen as a result of child support.

  • First and foremost, ensure that you are current on your child support payments. If you fall behind on your payments, your bank account will more likely to stop.
  • Second, maintain open lines of contact with your child support agency. If they are aware of your financial situation, they may be more willing to work with you to prevent freezing your account. 
  • As we mentioned above, finally, create a separate bank account that is unrelated to your child support payments. Even if your main account is locked, you will have access to your money.

Can I be penalized for hiding my bank account from child support?

It is foremost recommended to always disclose all of your financial holdings and facts so that the law can give you a reasonable and fair hearing. However, if you are found to have hidden assets under your name throughout your divorce procedures, the court may opt to punish you.

This is because the court wants to guarantee that both parties are being truthful and fair about their financial information in order to reach a fair settlement.

If it is revealed that you are hiding assets illegally even after the court proceedings have been completed, the court may order you to pay your ex-legal lawyer’s spouse’s fees, give your ex-spouse a larger share of the marital assets, or even grant your ex-spouse exclusive custody of your children.

Even if hiding assets does not result in criminal prosecution, it is still considered dishonest behavior and will have further negative consequences for your case.

Aside from that, if you are caught without a bank account, you may face serious repercussions such as losing the trust with the judge, sanctions (fines), or criminal prosecution. If the other spouse accuses you of hiding assets, the other spouse may hire a forensic accountant to aid in the inquiry.

How can I make sure my bank account is safe from child support?

how to hide bank account from child support

There are a few things you may do to make it more difficult for child support to discover your bank account if you are trying to hide it. 

  • Your account might be frozen as one option. This prevents any withdrawals or deposits, and child support will be unable to access the funds.
  • Choose a bank with no branches near your home or workplace. This will make finding out about the account more difficult for your case manager.
  • Make certain that the account is not used for anything that may be deemed child support revenue. Direct installments from your work or government benefits such as Social Security or disability payments are examples of this.
  • Keep the account balance as low as possible to avoid detection. You might even want to delete the account once you’ve saved enough money to cover a few months’ worth of child support payments.
  • Another option is to open a business account. Your child’s name will not be connected with this account, so they will not be able to access it. 
  • Finally, you might start an online savings account that only you have access to; most online banks require you to create a username and password, which your child would not have.

Frequently Asked Questions

1. Is it possible to keep my bank account information hidden from child support?

To avoid paying child support, open a bank account under a fictitious identity or a company name. You may also open a foreign bank account, but this takes a lot of time, money, and forethought.

2. How to protect your business from child support?

You must keep a detailed record of all payments made by your spouse. Also, make sure to pay yourself a salary if you want to protect your company from child support. You may also create a formal agreement to provide contractual protection for your company.

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About Me

John Doe is a technology expert with a passion for writing about the latest advancements and trends in the field. With over 10 years of experience in the industry, he has a deep understanding of a wide range of technologies and their applications. He has worked on various projects as a software developer, system administrator, and IT consultant.

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