Can your lawyer give u an advance on your settlement

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Answers (2)

 

Mark Caruso

Answered On Apr 22, 2013
NO. The Rules of Professional Responsibility for the State of NM prohibit a direct advancement of cash or other benefit to a client. The only exception is for litigation and case expenses and costs. However, an attorney in NM is permitted to sign a protection agreement between a client and a third party advance company such as Oasis Advanced Loan or others commonly seen on television.
 

Mark Caruso

Answered On Apr 22, 2013
NO. The Rules of Professional Responsibility for the State of NM prohibit a direct advancement of cash or other benefit to a client. The only exception is for litigation and case expenses and costs. However, an attorney in NM is permitted to sign a protection agreement between a client and a third party advance company such as Oasis Advanced Loan or others commonly seen on television.