Divorce Funding: Investing in Your Divorce
Balance Point Divorce Funding is a new Beverly Hills lender that offers to cover the cost of divorce. Their services include paying your lawyer, searching for assets that your spouse may be hiding, as well as maintaining your current lifestyle. All this in exchange for a share of the divorce proceeds.
The concept is part of a larger trend of companies that invests in the lawsuits of others, supplying the plaintiffs with the funds they require to assist them in obtaining even more assets from defendants. According to recent estimates, companies like Balance Point now have a total of $1 billion invested in lawsuits.
To read about Balance Point, please click here:
http://www.nytimes.com/2010/12/05/business/05divorce.html?_r=1&emc=eta1
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