Divorce can be expensive and disruptive to your finances. It is often difficult to access capital during divorce proceedings, but divorce loans are designed to bridge this gap until a settlement is achieved, helping you get your financial situation back on track.
Divorce loans mean you don’t need to have the funds on hand to cover the legal and other associated costs of divorce, enabling you to access the advice you need to achieve a fair settlement. You can use your divorce loan to pay for the whole of your legal fees, cover court costs and fees, pay for mediation or arbitration or fund expert reports such as a forensic account or a surveyor.
Taking out a loan opens you up to more options for your legal team so you can build the best possible defence for your case.
If your former spouse has hold of most of your assets, a loan can also help fund your reasonable living expenses until the end of your case.
Where one claimant who has little means is faced with a defendant who has substantial or unlimited means, a loans can help level the playing field.
Usually the loan is only repaid at the end of the case, meaning you don’t have to pay anything until you’ve received your settlement.
If you are looking to finance your divorce then get in touch with our team today to see how we can help.
Lakeland Commercial Finance Ltd, registered at Lakeland House, 114-116 Kirkland, Kendal, LA9 5AP. Company registration number is 11971872. Lakeland Commercial Finance Ltd is an appointed representative of Lakeland Finance Ltd, registration number 09058326. Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 843563. You can check via https://www.register.fca.org. We are registered with the ICO, ZA552531 and you can check via https://www.ico.org.uk. We are a credit broker, not a lender.
We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority.
We source finance from our panel of lenders.
We may receive commissions that will vary depending on the lender, product, or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.
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