Quote:
Originally Posted by HonkyTonkyMan
Length of marriage: 7 years
Number of kids:1
Was wife working when divorce happened? What salary bracket if so?: No but she more or less considered self employed cos i contributed 50k to help her set up shop selling kids clothing but went bust after 1 year. I was also self employed income not stable but she some how managed to get bank statements from my company tend showing sales over 1 mil (damn that is revenue not even nett profit)...so bro if you have a company keep your wives away from the accounts, they will use this to bite you in the ass..
Custody of kids: Ex took full custody
Monthly maintenance: Initially 1.1k but after 1 year varied down to 900
Mode: contested divorce
Marital property: HDB given to wife, already paid nearly 100k, court make me potong 50% of what i had paid from CPF to her....CPF came after me to pay back the 50% if not I won't be able to withdraw name from HDB which contravene court order given to me to get everything settled in 3 months..
In the end court made me pay all parties cost and even when i made request later for variation order on maintenance, i was made to pay her lawyer cost which according to a few other lawyers is highly irregular..
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Bro HonkyTonkyMan, if you don't mind disclosing (just out of curiosity), your wife's shop went busted or were going busted during the time of divorce? Also were you a shareholder or director of that shop you set up for your wife? Lastly your company statement showing > 1m in revenue, was it once off or it is within the norm?