What is a Lawsuit Loan? Do I Need One?

Clients come to us here if they’ve been injured. They have a whole host of issues. One of the biggest burdens they face aside from the physical injury is the financial burden of the injury. They usually miss work. They have bills piling up. They have medical care that needs to be paid for.

In the meantime, they haven’t received a recovery so they’ll ask if they can get a lawsuit loan. A lawsuit loan is a forward or an advance on the settlement funds. That comes from a different company. We do not recommend lawsuit loans. The reason being as a client starts draw out money and there comes time for the recovery, they’re getting a reduced amount and they’re dissatisfied. There is no doubt that an injury and a lawsuit and a claim and an accident are serious inconveniences and burdens on any individual’s life. That’s why we do our best to get you your full and fair compensation so you don’t have to worry about any other issues, just getting yourself better.