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Banks boost divorce loans

Finding a bank willing to lend you money to back a business has rarely been tougher, but getting a loan to fund a divorce is increasingly easy, say lawyers.

According to Anne Kay of law firm Boodle Hatfield: "Women who are married to wealthy partners often find themselves temporarily without funds when divorcing their partner. It is ironic that in the current economic climate, lending by private banks to fund divorce appears to be on the increase."

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