Divorce Litigation Funding
What is Divorce?
In legal terms, divorce is defined as the dissolution of a marriage. There are many grounds for divorces, with the most common being:
Financial
Infidelity
Domestic violence
Unreasonable behaviour
Desertion
While divorce isn’t a new concept, litigation funding in divorce cases is an emerging trend that is becoming more common. We predict that legal funding for divorce will continue to rise significantly.
Naturally, the value of any divorce case varies significantly on a case-by-case basis. Instances whereby one party is refuting the equitable split of assets are particularly strong candidates for third-party litigation funding.
Divorce and Litigation Funding
Litigation funding for divorce is an interesting prospect for funders for multiple reasons including success rate and risk levels. Often, when disputed, there is a resource disparity between the two parties in divorce litigation. For high-value divorce cases, litigation funding is a great way of ensuring that the playing field is level and that the best, most equitable result can be reached.
It is a common occurrence in these disputes for one party to have a strong case against the other but to not have the financial backing to pursue it. Naturally, this is when third-party litigation funding is essential.
FINLEGAL.IO and Divorce Third-Party Funding
FINLEGAL.IO’s unique and intuitive one-form single application system is designed to suit a wide range of claims, no matter the size or nature. Through a combination of funding, technology and people, we are able to save crucial time for both lawyers and funders.
Our team of experts have built a process that helps lawyers construct a well-written and structured request for class action litigation funding. Using our video guides and tips on using the right language, you will produce a request with the best chance of securing funding.
When your litigation funding request is complete, it will reach a single market filled with funders seeking their perfect match. Be assured when using FINLEGAL.IO that all compliance requirements are met and that your case is on course to receive the best commercial terms for third-party funding.
