At Hinton & Powell, we understand that when involved in a lawsuit, expenses can be high. With new financial responsibilities from the lawsuit it’s understandable to feel financial stress from the entire situation.
So, what is a lawsuit loan? Is it an option for you? Our team at Hinton & Powell want the best solution for you and your family. Read on to see what a lawsuit loan is and what the pros or cons of the loan are and if it’s a good fit for you.
Lawsuit loans are often used to relieve immediate financial stress during personal injury lawsuits. They’re viable options to bridge the financial gap so that your lawsuit costs are not immediately paid from your finances but rather from the obtained loan.
Individuals and families that find themselves in a personal injury lawsuit can often find many advantages to a lawsuit loan.
Pros of a Lawsuit Loan:
Depending upon your situation you may be an excellent candidate for a lawsuit loan. Reach out to the team at Hinton & Powell to discuss lawsuit loans and to receive a recommendation of local lenders in Metro Atlanta.
Although the advantages of a lawsuit loan may outweigh the disadvantages, it’s still important to have a well-rounded display of what a lawsuit loan is. Read below to see common disadvantages of a lawsuit loan.
Cons of a Lawsuit Loan:
Contact the personal injury lawyers at Hinton & Powell if you have been involved in a personal injury case. Our team has specialists that can help you including finding a lender for your personal injury case.
Reach out to Hinton & Powell today at (404) 365-7077 or fill out our online form to schedule a free consultation today.