Arrest Warrant Issued for Tampa Millionaire for Failing to Pay Alimony and Child Support
Circuit Judge Caroline Tesche issued a warrant for the arrest of a Bay area businessman for failure to pay child support and alimony. According to a story reported in the Tampa Tribune , John Stanton owes his ex-wife and son $6.5 million in alimony and child support. A hearing was held on Thursday, December 15, 2011, and Stanton failed to appear.
The paper reported that Stanton recently filed for bankruptcy protection, listing $10-50 million in liabilities and $100-500 million in assets. His attorney argued that he is unable to pay alimony and child support because his assets are not liquid and cannot be converted to cash quickly.
Finding that Stanton has the ability to pay, Judge Tesche sentenced him to 5 months and 29 days for contempt of court.
This case is an example of the enforcement powers that courts possess when a party fails to honor their alimony and child support obligations. The circumstances in this case were extreme resulting in the sentence. If you have questions regarding alimony or child support, do not hesitate to call at (813) 413-2402.