Attorneys are frequently confronted with clients who, in spite of recommendations that the client reject the insurance company's low and inadequate offer, accept them.
Oftentimes, the plaintiff is in need of $1,000 to $10,000 dollars to save his house or car. Out of desperation, the client now forces you, the attorney, to settle their $100,000 claim for $60,000, costing themselves over $33,000 and you nearly $17,000! If only the plaintiff could have survived a most important, and stressful, due in no small part to finances, period of litigation.
Maybe it’s time you, as an attorney, learned about lawsuit loans.
Instead of the foregoing distasteful scenario, your client’s case could have been evaluated, for free, and requisite financing provided.
After all, the term “lawsuit loans” is really a misnomer. They’re not really a loan at all!
The money that plaintiffs receive, pending an anticipated settlement, is really an advance. Unlike a loan that must be repaid irrespective of your ability to repay, a lawsuit advance is only repaid if and when you either win your case at trial or reach an out-of-court settlement with the payer.
This is why your credit-worthiness is of no consequence to the lender. There are no monthly payments. The only collateral is the strength of your claim. There is no need for credit-checks. You don’t even have to be employed!
Very importantly, there are neither upfront nor closing- costs.
Properly utilized, lawsuit loans assist attorneys by providing time to negotiate the fair value of their clients’ cases.
Virtually any type of claim in which an injury (i.e., physical, financial, emotional, etc.) is sustained can qualify for a lawsuit loan. Examples of such cases are: (1) auto accidents; (2) workplace and industrial accidents; (3) burns; (4) dog bites; (5) falls; (6) wrongful death; and (7) wrongful termination of employment.
Yes, lawsuit loans (a/k/a: lawsuit cash advance or non-recourse lawsuit loan) can make the difference to your financial well-being. Maybe it’s time to find out more.
Legal Settlement Loans is the premier settlement lawsuit loan educational resource. We provide all the needed information to someone looking to get a lawsuit loan during their pending lawsuit. Visit us today to educate yourself further on settlement loans and how to find the proper settlement loan provider. Lawsuit loan apply now!
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