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The Law Offices of Frank J. Dito, Jr.

Pre-Settlement Finance: Real Dangers and How it Can Wreck Your Accident Case

Frank J. Dito, Jr.
Car accident, personal injury and workers’ compensation attorney serving Staten Island and Brooklyn New York.

Have you ever seen the commercials that come on television and offer an advance on your injury settlement amount based on how much they calculate your lawsuit to be worth? If you are injured and have seen this commercial you may have been tempted to call or maybe you have called already and started the application process for a pre-settlement finance loan but you may want to think twice before accepting the loan amount.

Pre-settlement finance loans are dangerous mainly for two reason:

  • they accumulate an outrageous amount of interest
  • they base their loan amount you are eligible for on your initial time of contact to them

To find out why these things are dangerous and how you can avoid owing the pre-settlement finance company every penny you receive from your settlement download our free injury report.