If a client needs presettlement loans, what do you say? The best personal injury attorney advice for those in the middle of a pending lawsuit is to never lend your client money.
No matter how much your client may need presettlement loans to hold him over until the pending lawsuit settles, this is not a situation you want to get yourself into.
While that attorney advice may seem harsh, it’s in both yours and your client’s best interest to never be the one to provide presettlement loans.
Attorney Advice: Don’t blur that line of professionalism
Providing presettlement loans without going through some sort of institution always makes the line between a professional relationship and a personal relationship hazy. You are the attorney: you are there to represent your client and get him the highest settlement amount possible. You are not there to hunt down your client to get that money paid back to you.
What if you don’t win and the pending lawsuit you were banking on winds up leaving your client with nothing, no feasible way to get your money back?
Attorney Advice: Attain Presettlement Loans by Alternate Methods
It’s true that many accident victims have sincere needs for presettlement loans, and there’s no reason not to sympathize with them. Injuries come out of nowhere, force your client to stop working and will their family struggling with money. After working with your client, you may have developed a personal relationship with them and will want to help, because you have confidence in their case and you just know they are good for it.
Instead of reaching for your wallet, help your client stay afloat by directing them to a company like Legal Capital Corp that specializes in providing presettlement loans. They can get the money they need before their pending lawsuit settles at no risk. If you don’t win the case, your client will owe Legal Capital Corp nothing.
There’s no reason why you should be the one to be providing your client with the presettlement loans he needs while he waits for his pending lawsuit. There are many companies out there that will take care of the problem so you don’t have to start getting your hands dirty with lending.
Contact Legal Capital Corp today to learn more about how we can provide your client with the presettlement loans he needs.