The system for payment of alimony and child support varies across the United States. The fifty states have different methods of payment and collection. This can create a strain on the financial operations and court systems in each of the states. The present system can also place emotional and financial strain on the relationships between parents and children. Family Support Payment Corporation ("FSPC") believes that the opportunity exists to create a solution to this problem that benefits all participants.

It is a similar opportunity that existed in the 1980's in the formation of the mortgage backed securities market and in the 1970's in the formation of student loans. The rise of divorce, separation and birth of children outside of marriage has become a reality that has grown in the last 20 years to affect nearly 50% of all American families.

The potential for the securitization of child support payments was identified in 2000 to be USD $100 billion dollars in back child support payments and USD $35 billion dollars per year in current payments, affecting approximately 18 million cases. These were only child support cases, identified by federal and state reports, whereby the court was ordered to accept payments and remit the proceeds. There are no statistics on the alimony payments and the amount of child support payments in the private system. If the child support payments are paid obligations for an average of 10 years, there is at least USD $350 billion in back child support obligations. There is estimated to be at least another USD$100 billion available in the private sector for securitization.

The general information for potential state government and federal government information for year 2006 data is available here.