It is important to establish from the outset how you are going to meet your legal costs and the costs of any expert reports. If you are going through a divorce/separation, you are most likely already adapting to a different financial arrangement i.e. funding two households or you may be unable to access funds to meet your legal costs due to your money being tied up in assets held in joint names.
Options for funding your divorce:
- Private Borrowing (Loan from Family or Friends)
- Commercial Loan i.e. bank loan or credit card
- Litigation Funding
- Public Funding (Legal Aid)
- Legal Services Payment Orders
The way in which you decide to fund your case may have an impact on the eventual settlement so it is important to seek legal advice to understand how the Court view and deal with costs and liabilities. For example, a loan from a family member may be considered as a gift or ‘soft loan’, and may disregarded by the Court when calculating a fair division of assets.
Our family lawyers can assist you in understanding and accessing all of the available funding options.
We can advise you and provide transparent advice on all available funding options and help you to understand the positive and negative implications of each option so you can make an informed decision based on your individual circumstances.
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About Ellis Jones
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Learn MoreAbout Ellis Jones
Our team of solicitors are specialists in taking a personal approach to working with our clients which prioritises empathy and understanding. Learn more about Ellis Jones, our approach, culture, values, and more.
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