Third-Party Financing

Third-Party Financing for Mid to High Asset Divorce Litigation

At Combs Greene, we understand that there are cases where a spouse may effectively freeze out a client from access to the funds necessary to successfully fight for their rightful support and share of assets.  While it would be far more preferable not to be in such a position, there are companies that will work with you to finance your attorney fees, and in some cases, even living expenses.   The benefit of securing financing from one of these companies is that you will not find yourself in a position of “having to settle” because you “cannot afford to fight”; or with our firm motto in mind, you cannot afford “to prepare for war.”   Other benefits, depending on the company you chose, may include:

  • No repayment until your case settles or is resolved by litigation;
  • Loan assessment is based on your future entitlement as personal finances;
  • Competitive interest rates;
  • Interest only charged on that portion of the approved loan amount that is actually drawn down;
  • Flexibility to draw down on the approved loan amount as needed;
  • Ability to borrow for essential living expenses (such as catching up your mortgage. Relocation, etc.);

Companies that specialize in divorce litigation lending look at various criteria in determining whether to approve your loan. These criteria include:

  • The joint net asset pool of the marriage;
  • The likely equitable distribution of the assets of the marriage;
  • The likely time that it will take to litigate the divorce;
  • The likelihood of settlement based on the history of any past offers;
  • The use to which you will put the funds – whether for living expenses or for litigation expenses; and
  • The history of representation of the client.

Contact us now for more information about third-party financing, or for a consultation to see how we can help with your divorce situation, or . . .

Visit these pages to learn more

Or you may want to check out our blog posts about divorce and family law issues.

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3217 Atlantic Blvd
Jacksonville, FL 32207

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(904) 359-5505

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The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you free written information about our qualifications and experience. This website is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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