Let’s face it, divorces are not cheap. According to a survey by Avvo back in 2013, the average divorce cost $15,000. That’s like paying for an inexpensive car, only doing so in the midst of excessive stress, anger, heartache, and possible resentment towards your ex, as well as concern for any children that may be involved. In that same survey, Avvo also found that over half of all people cited cost as their top concern when considering divorce.
Many people who need a divorce cannot afford this cost. Does this mean they’re stuck in an unhappy marriage? Not necessarily.
Divorce funding firms have begun to sprout up, providing those in need with the money to finance their divorce and get their life back on track in a place where they can be happy again, and then allowing them to pay for it in smaller, more reasonable monthly payments.
In a recent article in Fortune Magazine, writer Daniel Bukszpan examined divorce funding firms that have established themselves as leaders in this growing industry.
Novitas US
CEO Nicole Noonan, Esq. is a former family attorney who encountered numerous clients who simply could not afford the services of a lawyer for their divorce. Citing wanting to bring “equality through equity” to divorce cases via proper funding, Novitas charges a monthly fee, but only begins collecting it after the divorce is finalized and settlements have been reached.
If you or a loved one need legal counsel for your own divorce case, the skilled South Florida divorce lawyers at Pazos Law Group may be able to help. We are a people-first firm, dedicated to helping our clients through some of the most difficult and strenuous times of their lives. Our dedication to family law and client service has earned us numerous accolades, including a perfect 10.0 Superb rating from Avvo, an AV® Preeminent™ rating from Martindale-Hubbell®, and being named one of the 10 Best Law Firms in Client Satisfaction from the American Institute of Family Law Attorneys.
Find out more about how we can help you! Call Pazos Law Group today at (954) 719-5557 to schedule a consultation!