How does it work?
- Application Apply online at www.justfund.co.nz, or call us on 09 918 9155 to see how we can help.
- Assessment After receiving all information, eligibility is determined typically within 2-5 business days.
- Approval We will send your agreement to sign electronically and a letter of instruction to provide to your lawyer.
- Invoices We pay legal bills and disbursements on your behalf with your written approval.
- Repayment Repay at the conclusion of your property split and only from your settlement proceeds.
What are the fees?
Helpfully, you will not pay anything out-of-pocket until your family law matter is finalised. Any applicable fees and charges are debited to your account and repaid as a lump sum by you upon settlement of your matter. Once approved your line of credit is subject to the following:
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Interest – Variable rate charged on the debit balance of your account.
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Assessment & Administration Fee – This covers our costs of conducting a full legal merit assessment of your family law matter based on your unique circumstances and establishing a line of credit.
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Invoice Processing Fee - this covers the cost of processing invoice payments on your behalf and reviewing updates on the status of your legal matter. The Invoice Processing Fee is 3.75% of each amount drawn on your account.
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Security Lodgment Fee - We may also pass on the cost of lodging security over a property such as a caveat or mortgage if required.
For current fees and interest rates visit www.justfund.co.nz or contact us on 09 918 9155
