During one particular class gathering, a group of ex-classmates were discussing their marriage life when one of them decided to share her problems.
She married shortly after graduation and followed her husband on his overseas assignments; however there seems to be some cracks in the relationship and both decided to file for a divorce sometime this year.
Given that she spends most of her married life as a homemaker, she has minimal savings and CPF which greatly worries her although she has been gainfully employed for over a year now.
They have a HDB apartment and she’s a couple years shy of 35 but hopes to take over the apartment. What can or should be done at this juncture?
If the Decree Nisi Absolute is issued before she reaches 35, does that means the apartment will have be put up on the market?
If she manages to buy over her husband’s share, will it be at market rate or at the rate at which they bought the place?
Can she take a HDB loan or will she have to take a loan from the banks?
What’re the relevant government departments she can contact to enquire on her situation?
Thanks for your input.
She married shortly after graduation and followed her husband on his overseas assignments; however there seems to be some cracks in the relationship and both decided to file for a divorce sometime this year.
Given that she spends most of her married life as a homemaker, she has minimal savings and CPF which greatly worries her although she has been gainfully employed for over a year now.
They have a HDB apartment and she’s a couple years shy of 35 but hopes to take over the apartment. What can or should be done at this juncture?
If the Decree Nisi Absolute is issued before she reaches 35, does that means the apartment will have be put up on the market?
If she manages to buy over her husband’s share, will it be at market rate or at the rate at which they bought the place?
Can she take a HDB loan or will she have to take a loan from the banks?
What’re the relevant government departments she can contact to enquire on her situation?
Thanks for your input.