Answer
Jan 12, 2022 - 06:18 AM
Having outstanding payments due to any institution may affect your qualification for a contractor's license. While each Board has its own unique requirements for licensure, many states either require a minimum net worth for applicants or require applicants to be in good financial standing.
If your state has a net worth requirement, you may still qualify for a license if you have enough assets to offset your liabilities including the owed child support. However, if your state requires you to be in good financial standing to qualify for a license, the owed child support could be a disqualifying factor. You can reach out to your local regulatory authority for more information.
If your state has a net worth requirement, you may still qualify for a license if you have enough assets to offset your liabilities including the owed child support. However, if your state requires you to be in good financial standing to qualify for a license, the owed child support could be a disqualifying factor. You can reach out to your local regulatory authority for more information.
