Can My Attorney Deny Me from Getting a Pre-Settlement Loan?
Making claims following an injury is a smart and legitimate move. However, the process can drag on for months or years, leaving you and your family struggling to make ends meet. That’s where pre-settlement loans come in: they offer a way to get some financial relief while you’re waiting for your case to settle.
But what about your attorney? If you’re worried about your attorney denying you getting a pre-settlement loan, here’s what you need to know before you apply.
What Is a Pre-Settlement Loan?
A pre-settlement loan is a type of funding that can be obtained by individuals who have been injured in accidents and are awaiting settlement from the responsible party.
This type of loan allows you to receive money before your case settles, which can help cover medical expenses, lost income, and other costs related to your accident, both present and future. That means your family doesn’t have to worry about basic expenses.
When you obtain a pre-settlement loan, the lender will give you money in exchange for a portion of your eventual settlement. Once your case settles, the lender will receive repayment from the settlement funds. This type of loan can help you cover expenses while you are waiting for your case to settle.
Can My Attorney Deny My Pre-Settlement Loan?
The short answer is no, an attorney cannot prevent you from getting a pre-settlement loan. But an attorney can advise you against obtaining this type of funding if they believe that it is not in your best interests. An attorney’s opinion on pre-settlement loans is not binding, and you are free to make your own decision about whether or not to obtain this type of funding.
Your lawyer may have some concerns about your lawsuit loan. For example, they may be concerned about the costs of repayment or fees for a loan. We can discuss your future before you make a decision, so you’re not faced with any surprises no matter what the results of your case are.
If you are considering a pre-settlement loan, it is important to speak with an attorney about your case. An attorney can provide you with advice on your case and whether this type of funding is right for you. Your lawyer can also help you understand what to expect when you’re hurt and struggling to juggle your case and recovery.
Get Your Pre-Settlement Loan
If you’re worried about your financial situation during your lawsuit, a pre-settlement loan can help your family recover. But you may be concerned about your lawyer’s response. We can help you get answers when you’re hurt and struggling to recover.
Money First Funding is a leading provider of pre-settlement loans. We offer competitive rates and an easy application process. You can trust us to help you get the money you need to cover expenses while your case settles with no up-front fees or penalties. Contact us today at 702-623-3333 or fill out the online contact form below to learn more.