Path: Home » How to » Divorce » The Financial Impact of Divorce: A Personal Story

The Financial Impact of Divorce: A Personal Story

Maintenance_Indianman.in

When Sourav Kumar’s marriage ended after eight years, divorce seemed like the only solution. He expected the emotional upheaval, but the financial impact caught him off guard. When the divorce was finalized in 2020, the court ordered Kumar to pay Rs.20,000 a month in alimony and Rs.15,000 a month in child support for his five-year-old child. Additionally, he paid a Rs.1 lakh fee to his lawyer.

“I now have to find ways to increase my income,” Kumar said. This story highlights the often underestimated financial challenges of divorce, emphasizing the importance of financial planning and management during and after the process.

Divorce can lead to unexpected expenses and ongoing financial obligations. It’s crucial to understand the potential costs and plan accordingly to ensure financial stability.

Leave a Reply

Your email address will not be published. Required fields are marked *