Posts tagged Mortgages
Settlement Loans Vs. Traditional Loans
Jul 16th
When considering a settlement loan you should always know the differences between a settlement loan and a traditional loan. They are two complete different ways to obtain fund during a pending lawsuit when a client has no income. This article is designed to explain the differences between a settlement loan and a traditional loan and allow the reader to determine which can be a better solution.Traditional LoanA traditional loan can be compared to normal loans; this includes auto loans, mortgages and other types of unsecured credit. Basically a lender is providing you money up front, which is to be paid More >
Your Lawyer and Your Settlement Loan
Jul 2nd
When considering a settlement loan while having a pending lawsuit a few things comes to mind.A. What will my lawyer think? B. Will he approve of me getting a settlement loan? C. Will it affect any agreements with my lawyer?In fact, you might find it hard to believe that lawyers actually like when their clients get settlement loans, as long as it doesn’t affect any agreements between you and your lawyer. With contingency agreements there may be a limit to the amount you can get in a settlement loan. You’ll want to consult with your lawyer regarding this.A few reasons exist why More >
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