Just when you think there is nothing new with divorce, something new comes along. I was fascinated with the article in the December 4, 2010 New York Times by Binyamin Applebaum entitled “ Taking Sides in a Divorce, Chasing Profit.” See entire article at http://www.nytimes.com/2010/12/05/business/05divorce.html
Balance Point Divorce Funding, a new Beverly Hills lender offers to cover the cost of breaking up — paying a lawyer, searching for hidden assets, maintaining a lifestyle — in exchange for a share of the winnings. The article say, “Stacey Napp, a lawyer by training who has spent her career in finance, founded Balance Point last year with money from her own divorce. Since then, she has provided more than $2 million to 10 women seeking divorces. She says she is helping to ensure both sides can defend their interests.” Personally, I believe that if the parties looked at the bottom line, they would each get a lot more money if they mediated. As always, you can post any comment about this blog or Divorce Mediation, or just Mediation by following the directions at the right in the green column or at the bottom of this website. Learn more about mediation at http://www.center-divorce-mediation.com WM (197) 12/7/10