As per Lawkidunya, Fathers in Pakistan face various financial challenges after divorce, which can impact their ability to provide for their children and maintain their own well-being. Here are some common financial challenges:
Child Support
1. Payment obligations: Fathers may be required to pay child support, which can be a significant financial burden.
2. Determining payment amounts: The amount of child support to be paid is determined by the court, considering factors like income, expenses, and the child’s needs.
Maintenance Payments
1. Payment obligations: Fathers may also be required to make maintenance payments to their former spouses.
2. Determining payment amounts: The amount of maintenance to be paid is determined by the court, considering factors like income, expenses, and the spouse’s needs.
Loss of Income
1. Reduced income: Fathers may experience a reduction in income due to the divorce, making it challenging to meet financial obligations.
2. Increased expenses: Fathers may face increased expenses, such as rent, utilities, and food, as they establish a new household.
Debt and Financial Obligations
1. Joint debts: Fathers may be responsible for joint debts, such as mortgages, car loans, or credit card debt.
2. Financial obligations: Fathers may have other financial obligations, such as alimony, child support, or maintenance payments.
Impact on Credit Score
1. Credit score impact: Divorce can negatively impact a father’s credit score, making it challenging to obtain credit or loans in the future.
Coping Mechanisms
1. Budgeting and financial planning: Fathers can create a budget and financial plan to manage their expenses and obligations.
2. Seeking financial advice: Fathers can consult with a financial advisor to get guidance on managing their finances.
3. Prioritizing needs: Fathers can prioritize their needs and expenses to ensure they are meeting their financial obligations.
Government Support
1. Social welfare programs: The Pakistani government offers social welfare programs, such as the Benazir Income Support Programme (BISP), to support low-income families.
2. Child support services: The government provides child support services to help fathers manage their child support obligations.
Fathers in Pakistan can seek support from:
1. Family law attorneys
2. Financial advisors
3. Counseling services
4. Support groups
5. Government agencies