Qualifying for interim loans with pending personal injury lawsuits:
Traditional lenders tend to avoid customers involved in litigation.
In large part, this aversion is based on the speculative nature of trial
results. Trials are risky. Juries are often fickle. The time required to
process trials, appeals and collection, if any, ordinarily require
several years. While contingent claims and lawsuits are pending,
personal injury lawyers may or may not be authorized by law to provide
loans for living expenses to clients. In states which do authorize
personal injury lawyers to extend loans to clients, the amount of the
potential recovery limits loan availability. Expect loans from personal
injury lawyers to be restricted to approximately 10% of the current
settlement offer. The internet greatly expanded the availability of high
risk loans to parties involved in speculative litigation. Because online
loan requests do not ordinarily require an application fee, many
applications, in a wide area, may be filed simultaneously. Also, lenders
who maintain an active internet presence frequently welcome high risk,
work-out, and sub-prime loans. If you experience difficulty qualifying
for new credit, we hope you find the financial resources listed below
helpful.
Exchange policy - add URL or
Email Us.
Legal disclaimer regarding personal injury law information:
All claims and parties are unique. A personal injury lawyer must understand the factual issues
surrounding each claim and the desire of each client, before rendering competent legal advice. This website
is intended to provide general information only regarding the claim resolution process. This website is not
intended as legal advice. All legal questions should be directed to qualified legal counsel. Likewise, no
representation, express or implied, is made regarding the content or opinions contained within any
resource/third party websites appearing herein.
Recommended Debt Consolidation Sites:
- Debt Consolidation Options - refresh.
Debt consolidation firms are easily qualified online. Because of the
popularity of these services over recent years, many options are
available. Be aware that home ownership, as a condition of receiving an
equity loan, is normally required for low interest rates on
restructuring loans.
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