When a party fails to disclose assets in divorce proceedings, the courts are entitled to draw appropriate inferences from the non-disclosure. This was demonstrated in a recent case in which the Family Court described the husband's conduct of the...
Recently, at a number of networking events, I have been explaining how parties to a divorce can fund their legal fees, if they are struggling to pay their solicitor. It is important to be aware that legal aid is now only available when a divorce involves domestic abuse, child abduction, or you are facing the risk of becoming homeless.
A Sears Tooth Agreement can often assist parties who do not have access to cash to pay for legal advice but are likely to receive a significant sum when their divorce is completed.
The agreement operates like a credit agreement. Your solicitor extends you a loan, and you repay it in full when you receive your divorce settlement.
There are several benefits that come with using a Sears Tooth Agreement during your divorce. One is that you don’t have to borrow money from financial institutions, or anyone else to pay your solicitor.
Borrowing could be challenging if you have a poor credit score or no savings. As a divorce is a stressful event, the last thing you need is to worry about how you will pay your solicitor.
A Sears Tooth Agreement therefore also saves you the cost and time required to apply for other funding alternatives.
Another significant advantage of such agreements is that you can get independent legal help without putting a strain on your finances.
With a Sears Tooth Agreement you can get the best legal help possible without worrying unnecessarily how much it will cost you. The solicitor only takes their fees from the divorce settlement. This means they will work harder to ensure you get a fair share.
Perhaps most importantly, there is a high possibility you will get the best legal help possible, because you will have access to lawyers who are not afraid to take on risky cases. Only experienced and confident solicitors are willing to offer such agreements.
Bell Lax offer Sears Tooth agreements to many clients and if you would like to discuss whether one would be suitable for you, please call Arzu Lone on 0121 355 0011 or email: arzu.lone@belllax.com
