Pre-settlement loans are loans available against a future personal injury settlement. There are several companies that do this and most of them I equate with payday loans that border on predatory in nature. My answer when clients ask this is an almost universal no. If you need money, you are better off finding it almost anywhere else than one of these loans. The interest rates are ridiculously high (which makes some sense because personal injury money isn’t a guarantee), and will likely double or even triple before your case resolves. Other options I would put before pre-settlement loans are: borrow the money from friend of family, SSDI if it’s an option, alternate employment if possible/feasible, even credit cards are likely cheaper than one of these loans. And if you have a lawyer handling your case, please please please, ask your lawyer before you apply for one of these loans!!
Whose Insurance Covers Your Teen Driver When You’re Co-Parenting in Washington?
I'm a personal injury lawyer here in Vancouver, WA, and I'm also a divorced mom whose oldest son just turned 16. Figuring out teen driver insurance is expensive and confusing. It's one of those things [...]
Why Vancouver, WA needs a Woman Owned Personal Injury Law Firm
I think people should have options when it comes to the professionals they choose to work with, and I know a lot of people prefer to work with a woman. However almost, if not all, [...]
How Much Is My Personal Injury Case Worth? A Vancouver, WA Lawyer Explains
It's the question I get asked the most, and honestly, it's the hardest one to answer. The truth? There is no fixed number. Your personal injury case value is exactly what you settle for, or [...]
A Website Told Me My Case Value
Short answer, those websites are largely junk. You need to talk to a lawyer and likely retain one to have a better idea of "case value." 1) Cases don't have intrinsic value for one thing. [...]
Umbrella Coverage
What is an umbrella? Simply, an umbrella policy is something you can purchase through your insurance company that providers extra coverage beyond your normal limits, usually as a backup for homeowner's insurance, auto insurance and [...]
Black Box Data
You've heard of black box data.... probably in reference to airplane crashes, but did you know most vehicles also have a black box on board? This data can be extremely valuable. And fleeting. No pun [...]