How to finance your divorce in Ontario without cash
Updated: May 17
KPA understands that divorce can be a financially draining and potentially crippling experience. That's why we've partnered with third-party lenders to ensure that Ontarians with limited access to cash, but own other assets, are able to obtain financing for their divorces.
Who can apply?
Our clients are often surprised to learn that our lenders do not review your income or credit score. In fact, your financing is arranged based entirely upon the assets owned by your household. You also don’t have to make any payments until your divorce case is completely finalized. Some typical assets that are considered are homes, pensions, RRSPs, stocks and bonds, or other investments.
How will the money be used?
Although the money is intended to cover the cost of legal fees, we understand that you will continue to have living expenses and a mortgage to pay, especially when children are involved. Fortunately, funding is available for that as well. You can choose for some of the funds to be paid to you monthly to help you with things like household bills, healthcare and other essential spending.
What about expert witnesses? It's not uncommon to require specialists to help secure your rights in your divorce. Many people going through a divorce in Ontario rely upon private investigators, Certified Divorce Financial Analysts (CDFAs), forensic accountants, and child psychologists. Fortunately, financing through our lenders can be used to pay for these types of professionals as well. KPA Lawyers will also handle the burden of interviewing, hiring, and processing payment to these specialists, with the funds obtained through our lenders. Our goal is to make the process as stress-free as possible for you, at least as much as it can be during a divorce.
How do I apply?
We recommend starting with a quick online application (no credit check is involved). We also recommend making an appointment to speak with one of our family lawyers. You can set up a telephone call by clicking here.