Business Services > Legal Services
Pegasus Legal Capital understands that when a person is injured, their income is almost always dramatically reduced due to their inability to work. If they are eligible to receive workers’ compensation or disability benefits, the proceeds are typically only a fraction of their normal earnings.
Additionally, there may be out-of-pocket medical expenses associated with their treatment, such as insurance deductibles and non-covered procedures. Depending on a plaintiff’s financial resources and the length of his or her disability, he or she may require financial assistance during this period. Many plaintiffs approach friends and family for loans, but these resources are typically limited (if they exist at all). Plaintiffs are typically unable to borrow money from traditional lending sources such as banks because they are temporarily or permanently out of work due to their injuries and therefore unable to make the monthly payments.
Most importantly, traditional lending sources do not consider a plaintiff’s claim as acceptable collateral.
Details
- Last Updated
- 15/Oct/2024
- Contact
- Larry Stoddard III
- [email protected]
- Phone
- (212) 227-1925
- Website
- http://www.mylawfunds.com/
- Address
- 14 Wall St Ste 6aNew York, NY 10005