Facebook Pixel

FOLLOW US

Why is an Attorney’s Credit Rating Important?

start your free consultation
Home Why is an Attorney’s Credit Rating Important?

Why is an Attorney’s Credit Rating Important?

When serious injury cases involving brain injuries, amputations or spinal surgeries go to trial, the costs of the injury attorney to put on the case can often approach $200,000 or more.

Most of the time, the attorney handling the case will borrow the cost money from a bank and repay the bank at the end of a case.

Clearly, banks will not lend this kind of money to attorney’s who do not have a good track record of trying/settling large cases and almost always require the borrowing attorney to have a great FICO score.

If an attorney does not have a great FICO score, it will be unlikely that he or she will be able to borrow funds, resulting in a much compromised and underfunded presentation of the case.

    HOW CAN WE HELP?