does anyone know of any banks finance companies that do this and is it practical.
2007-08-26 18:15:58 · 3 answers · asked by Bama R 1 in Business & Finance ➔ Personal Finance
If you have already been awarded damages and are trying to collect a lump sum instead of a payout over time, there are several companies that will take that on for you for a reduced lump sum.
If it's litigation that is pending, no one will touch it with a ten foot pole.
2007-08-26 18:20:14 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If you are in the middle of the lawsuit probably not. However, I had a friend in a slip and fall and the attorney advanced him some cash on the case since he was so confident (gross negligence and witnesses. The paramedics even dropped him off the stretcher when they tried to take him away... he's a big boy).
2007-08-26 18:23:31 · answer #2 · answered by Richard S. 3 · 0⤊ 0⤋
No , because they might only award you $100 or something .
No one knows what the outcome will be ,
So no lender will loan $$$$ on it .
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2007-08-26 18:20:14 · answer #3 · answered by kate 7 · 0⤊ 0⤋