By Robert I. Feinberg | Published February 5, 2016 | Posted in Personal Injury, Settlements | Comments Off on The Problems with Pre-Settlement Funding
You will not find a shortage of companies that offer to loan you money on your case. I have seen them increasingly used in recent years. Having an injury can be a time-consuming, stressful and money-sapping process, especially if the client is out of work. As a result, businesses have been created with the idea of advancing money to injured people but, of course, fully expecting to get that money back plus interest and fees. It’s the “plus interest and fees” that need close examination.