Michael Banks
Perhaps the Most Notorious Dead Beat Dad Owes $698,375.86

Michael Banks, former Marine. A real manly man. Upstanding member of the Mormon Church. (He lies to the church leaders about his situation and abuse.) Father of nine known children. A take-charge kind and that's just what he did. After years of abuse his wife had to leave, for the safety of the children. It's kind of a profile in military abuse cases.

The most onerous part of this story is that one of his children had cancer several years ago, but miraculous survived. That was the good news, the bad news was that in the process of receiving all those transfusions this baby boy contracted HIV. This young mother received no assistance from her ex-husband control freak in obtaining military benefits.

That would be bad enough but his younger son had a ruptured appendix and almost died. Did he share in the exorbitant costs for his son that almost dies? No, in fact, after 20 surgeries this young man is still miraculously recovering after over 18 months. What does this moral man do... Continues to play games with child support. And at a time when it is most needed.

He was ordered to pay $1,350.16 for his children in Prince William County Circuit Court, Virginia.By July 1995 he decided he would reduce the amount of his payment to $1,181.39. The possible reason for the deduction, and this is only surmise, is that a previous order in the State of Oregon had set payment for $168.77 per child. However, in Virginia, unless the non-custodial parent files for a reduction, it is not automatic.

His next unilateral deduction was in November, 1996 to the amount of, you guess it, $1,012.62. Then in May 1998 he reduced it again to $843.85. I guess Mike has a bit of a conscience and took pity on his son and ex-wife and decided he'd throw them a bit more for child support from August and began paying $1,250.00 each month until August of this year when he informed his wife that he would reduce it again to $1,000.00 Oh, and that's not all, he will begin paying only $750 a month starting in September.

The debt figure of $698,375.86 was arrived by amortizing interest at the judgement rate (9% per annum) on the unpaid child support balance. Oh, and that's not all. Since Mike won't pay but only $750 a month starting September, his next balance will be $751,399.22.By the end of this year he will be less than $65,000 short of owing $1 million dollars in child support.

This man has no court order allowing him to play god with child support; just his self-righteousness. Meanwhile, a young mother doesn't know if she can continue to keep a roof over her children's head. Can't anyone do anything?

Company: Michael Banks
Country: USA
State: Nationwide
Address: Somewhere in

  <     >