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{"id":7618,"date":"2011-04-15T17:16:26","date_gmt":"2011-04-15T17:16:26","guid":{"rendered":"http:\/\/www.seonewswire.net\/?p=7618"},"modified":"2011-04-14T17:18:15","modified_gmt":"2011-04-14T17:18:15","slug":"part-two-pre-settlement-lending-in-personal-injury-cases","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2011\/04\/part-two-pre-settlement-lending-in-personal-injury-cases\/","title":{"rendered":"PART TWO: PRE-SETTLEMENT LENDING IN PERSONAL INJURY CASES"},"content":{"rendered":"

MECHANICS OF THE LOAN<\/em><\/strong><\/p>\n

<\/strong><\/p>\n

Since a lawsuit itself is essentially the collateral to secure the finance company\u2019s advances, the lending company will obtain information from the personal injury attorney concerning the case. They will follow these steps to offer the monies:<\/p>\n

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Evaluation.<\/em><\/strong> The pre-settlement lending company evaluates the case and determines the likelihood of success. If the company is satisfied that there is a strong likelihood of a favorable settlement or verdict, then a cash advance will be approved.<\/li>\n<\/ul>\n
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Agreement.<\/em><\/strong> The pre-settlement lending company will expect the plaintiff and the plaintiff\u2019s attorney to sign an agreement. The agreement will require that the attorney release confidential information to the pre-settlement lending company to enable the company to make its evaluation of the request for an advance. The agreement will also require that the personal injury attorney notify the pre-settlement lending company of all settlement offers and execute an acknowledgement obligating the attorney to pay (more…)<\/span><\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
MECHANICS OF THE LOAN Since a lawsuit itself is essentially the collateral to secure the finance company\u2019s advances, the lending company will obtain information from the personal injury attorney concerning the case. They will follow these steps to offer the…<\/span><\/p>\n
Read more ›<\/a><\/div>\n
<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[301,302,283,306],"tags":[375,376,377,378,379,380,381,382,383,384,385,386],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts\/7618"}],"collection":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/comments?post=7618"}],"version-history":[{"count":1,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts\/7618\/revisions"}],"predecessor-version":[{"id":7619,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/posts\/7618\/revisions\/7619"}],"wp:attachment":[{"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/media?parent=7618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/categories?post=7618"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.seonewswire.net\/wp-json\/wp\/v2\/tags?post=7618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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