British company to lend money to fund Canadian divorce litigation
If you stand to acquire substantial assets in your divorce, but you don’t have the money to pay a lawyer, Novitas, which is a U.K. firm specializing in lending money to fund divorce litigation, may be able to assist you. In the fall of 2016, the firm plans to open up an office in Toronto. Keep in mind that the interest rates for this type of funding are very high, maybe 18%, and they will only take your case on if there are significant assets at stake.