A settlement funding option by a lender

I was recently accepted to get settlement funding by a lender. The lender told me that if I were to take the funding that he would need to send the contract out to me and wanted me to run the contract past my attorney. I am very nervous about this because my attorney has been against me getting settlement funding in the first place. I’m not sure if this is because he won’t get his money after we win the case or because he doesn’t like this type of loan. In any event I meet with my attorney later this week and would like to present him with the contract. Can you please just confirm with me that my attorney will still get his money regardless if I take the funding. I just want to make it clear that this is my decision based on my financial situtation and it won’t affect him one way or another. I would also like to thank you for getting me this loan because I was denied by several other companies before I applied with LawLeaf. I’m the gentleman that live in Santa Clara California - Car accident. I tried calling today but was unable to reach someone thanks.

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Wednesday, October 22nd, 2008 Settlement Funding

1 Comment to A settlement funding option by a lender

I would first like to thank you for applying with LawLeaf and we are happy we could be of assistance. The answer to your question is that your attorney will get paid is percentage regardless. In fact, your attorney will receive his payment before our lender can recoup any of the compensation from the case. As you probably already know if for some reason the case is lost, you don’t have to pay back the lender.

Lawsuit Funding on October 22nd, 2008