Are you getting ready to divorce a narcissist and you have no idea how in the heck you're
going to afford it? Where are the attorney's fees going to come from? Well, you're in luck
because today I'm talking with Nicole Noonan who has founded an entire company dedicated
to helping people get fees for their cases. So stay tuned
Hi, I'm Rebecca song, top 1% attorney and the bestselling author of the books, Negotiate
Like YOU M.A.T.T.E.R and Breaking Free: A Step‑By‑Step Divorce Guide. And I've helped
thousands of people go from lives of drama, trauma, and chaos to step into lives of freedom,
possibility, and purpose. And I do the same thing for you right here in these videos.
So if you haven't already, make sure you subscribe and hit that notification bell, and that way
you'll get notified when I upload brand new content. So today I'm talking with Nicole
Noonan who has founded an entire company devoted to helping people get access to funds, to
help them with litigation, to help them with hiring an attorney, and getting a forensic
accountant and all of those things. So stay tuned. This is part one of my conversation
with her. So without further ado, let's dive in.
Welcome to today's episode of Negotiate Your Best Life. I'm Rebecca Zung. And I'm super
excited to be here today with Nicole Noonan, who is a lawyer, but she's also the CEO of
New Capital ... I'm sorry, New Chapter Capital Incorporated, which specializes in divorce
funding, which I didn't even know this thing existed. How awesome is this what she is doing?
Amazing. So she's a divorce expert, a pioneer of divorce funding. She's crowned the fairy
godmother of divorce by New York Post. She has been seen on Good Morning America, Bloomberg
TV, The Couch, all sorts of places, including Huffington Post, The Economist, Forbes, Fortune,
New York times, all sorts of things. So she is also an attorney. She was a divorce
attorney practicing full time. She's now doing what she's doing, and I cannot wait to hear
what she has to say. So welcome, welcome, welcome Nicole.
Thank you, Rebecca. I'm super excited to be here.
Thank you. So we're going to be talking today about funding to untie the knot, which is
... a lot of people that I deal with in my community are dealing with a narcissist, and
a lot of times the narcissist has control over the finances and they want to get out,
they want to escape, they want to break free, but they're like, "I have no idea how to even
do that." So it's incredible. How did you come to creating this?
For my own practice. I practiced in an area where I grew up and I had family friends'
friends, mostly women that came into my office that had wonderful lives until it came through
a divorce and their husbands would cut off their credit cards. And if they didn't have
friends or family to go to, what were they going to do? A lot of them were backed into
taking settlements less than what they were entitled to, which was very unfortunate. And
I said, "Wow, there has to be something else out there. There has to be a way to help these
people." And I heard about this in the UK and Australia and I'm like, "Wow, this is
brilliant. We have to start doing it in the US." And that's exactly almost ... let's see
2011, I started it and I've just been growing it ever since.
So it's a fund that people can apply to get access to the funds to hire their own attorneys
or how does it work? So it's an advance against the client's potential
settlement. So we work with the law firm, the attorney, we ask for them to help put
together the application for the client. We look at it, our underwriters are sent the
application. They try to make an evaluation within three business days because we know
time is of the essence. And if approved, the money can be used for legal fees, expert costs,
and for some clients, reasonable living expenses, which is so essential if you can't get access
to funds during a divorce and it makes it kind of alleviate some of the stress, a very
stressful situation. Amazing. And what an amazing resource for
people. So when do they know it's time to go? When do they know ... I get people all
the time, "Should I stay? Should I go? When do I know it's time to actually go?" So what
do you say to that? Well, in my practice, I always would say,
"Did you give it a shot to go to marriage counseling?" Especially if there are children
and involved. However, a lot of people know that it's time to go. When they get to me
usually they've already met with attorneys, but sometimes not, sometimes they come to
me first. And they say, "Hey, look, I'm starting to think about this." I still say, "If marriage
counseling is available to you, are you really going crazy because you've been cooped up
with your spouse right now for six months, or is it something that the marriage has already
[inaudible 00:05:31] broken down. So I always encourage marriages to stay together, but
when it's time to go, it's time to go. And that's when it's time to get prepared.
Yeah. I often say it's a soul decision, the soul knows. So I always say that I'm certainly
not here to tell people to leave a marriage, but I'm here to facilitate if you decide that
that's what you want, except for the fact if there's abuse going on, then I definitely
would say you do not stay in that situation. Get out right away.
Yeah. Yes, of course. but other than that I think that it's hard to know when it's time,
but I do think it's a soul decision. I think that the soul knows when it can't breathe
anymore, no matter what. Especially when you're dealing with a high conflict personality,
or narcissist or somebody like that who's really pretty abusive, even emotionally abusive,
psychologically abusive, which is a lot of what narcissists are, once you have the strength
to leave, I think it's a good time to leave. [crosstalk 00:06:46] financial abuse too.
I was going to say [crosstalk 00:06:48]. Oh yeah, absolutely. Absolutely. And I just
actually did some shows on that. And I even did a survey within my own community on how
money is being used to financially abuse targets. And actually attorney's fees was one of the
big ones. And not only that, but what I teach in my Slay program is how to develop strategy
and leverage and all that sort of thing. And so that it takes less time because one of
the things ... you talk about attorney's fees. A lot of the people surveyed said that they
had already spent over 100,000 in attorney's fees dealing with this high conflict personality.
And they're over 80% of the people who were surveyed said that their divorces took 18
months or longer. So the work that you're doing is so, so important. So what are the
options for people who want to be able to afford divorce and take back their power by
divorcing with some modicum of dignity? We say people save for their wedding. You
plan on having the perfect dress, the perfect caterer, the perfect band, but what could
be even more expensive than your wedding is your divorce and people don't frequently save
for their divorce. So options are credit cards. However, a lot of our clients do not have
great credit history because their husbands were the ones that controlled the credit,
meaning that they were the first person on the credit card, that they just got a assignee
card. They never built up any credit history of their own. It's also very hard to go out
and say, "Hey, I need $100,000 in a credit card." Thanks MasterCard you're not going
to give me $100,000 line of credit if you haven't built up any credit. Friends or family,
you can go to, but asking mom and dad for $100,000 for legal fees, even for it's not
only sometimes impossible, it's also embarrassing. You're an adult.
So you can go to brothers and sisters, again, it's hard. And friends, it's even more difficult
because they're not blood related, but that's what we are. We are the option for a lot of
these people that don't have other options. And what we do is make the advance. And then
sometimes at the end, you get your legal fees taken care of through litigation or through
mediation where the moneyed spouse would end up paying back the advance that has been made
to you, which is always great. So we give them sort of the ability to go and level that
playing field without taking more stress, more monthly payments that they have to make
on credit cards. With us, you don't have to make monthly payments. Everything is rolled
up and nothing needs to be paid until you get to settlement.
So give us one of your favorite success stories, somebody who came to you in a dire situation
and was successful. Yeah. So we have a lot of them and I love
the thank you notes that I get and the Christmas cards. And I see how people are just growing
and writing their new chapters. We had one a couple years ago and she was just distraught.
She came to me, her husband had an affair with the best man actually at their wedding,
which always was a shock. But she stayed in the marriage because she just was scared.
She didn't know what to do. She didn't know if she could even afford a divorce. So I got
her the right representation. We got her advance against the settlement. They got a divorce.
She actually used some of the money to go back to school and started her own jewelry
line, which is an amazing, amazing ... I have some pieces of it and she's just thriving.
She met a new guy. She has a beautiful child that she's getting to enjoy by staying home
and developing this beautiful jewelry line. And I think that's just amazing. And you can
see it on her face when I run into her, or when I get the Christmas cards, how it's just
lighter, she's just able to take that 100,000 pound elephant off your back or [inaudible
00:11:24] off your back. Yeah. And what was her situation before she
came to you? Was the case already going, or was she able to find you before the case started?
You found us first. I was really her first phone call. Someone had given me ... given
her my name and she was based in New York as well. And she just didn't know where to
go. She didn't know what to do. She was scared. She was alone. She was not originally from
this country. So she didn't have friends or family here, let alone friends or family to
go to for funding. Thanks for watching this part one of my conversation
with Nicole Noonan. If you haven't already subscribed to my channel, now is a great time
to do that. Subscribe and hit the notification bell. And if you like this video, give it
a like, give it a share. Drop me a comment. If you are getting ready to negotiate with
the narcissist, make sure to grab my free, Crush My Negotiation Prep Worksheet at winmynegotiation.com.
And also come on over and join me in my free private Facebook group where you can get support,
and you can rant and you can feel warmth and feel like you're not alone. And it's called
Narcissists Negotiators with Rebecca Zung and we'll drop a link to that below as well.
Thanks so much for joining me today. I'll see you in the next video. Remember, today's
a great day to start negotiating your best life.