Paying for legal assistance can be difficult. With the current state of our economy, it is even more difficult than ever to afford the costs of legal services. According to the American Bar Association, more than 75 percent of low-income and middle-income individuals have legal needs that go unmet for financial reasons. This contains serious legal issues such as divorce, custody, domestic violence and paternity.
At Family Law Matters in Corona, California, we believe that our clients should not have to liquidate or sell assets to get quality legal representation immediately. Since most people who walk into our office with serious legal issues did not anticipate beforehand that they would need an attorney, clients typically struggle to hire an attorney once a family law problem develops. People do not typically plan to divorce. Issues typically arise unexpectedly.
Even worse, most people who are experiencing a divorce have little to no savings. Whatever savings you were able to acquire during your marriage is usually divided upon separation. This makes it extremely difficult for the average family law client to come up with enough money to hire an attorney. Even worse, people in need of a family law attorney are struggling with serious legal issues. They include such things as divorce children, and violence.
In order to retain an attorney, most clients are required to pay a one-time, up-front fee called a retainer. This will typically be several thousand dollars. Additionally, throughout the case, they will be charged a large hourly rate whenever the attorney works on the case. The unique billing model at Family Law Matters allows our clients to include their attorney fees in their monthly budget. Clients are charged a single fee to retain our law firm, and then are charged the same monthly fee for continued representation. This monthly fee does not change regardless of the work completed on your case, and it includes court appearance, meetings, phone calls and paperwork.
Many times, the one-time retainer fee is a barrier to obtaining an attorney that is impossible to overcome. Many people just do not have the savings or credit to pay the fee. For this reason, Family Law Matters offers financial options to help clients retain our services. This includes things as simple as breaking our initial retainer into multiple payments and offering legal financing for our clients.
Unanticipated legal fees can create unwanted stress and unnecessary hardship for you and your family. We understand that you have other financial responsibilities and additional expenses. For this reason, Family Law Matters in Corona, California, offers financing for legal matters.
We help our clients qualify for an unsecured loan to cover your legal fees. This allows you to borrow the full amount of your anticipated legal costs at the beginning of you case. In exchange, our clients pay no large, up-front retainer fee. Instead, our clients pay one small monthly service fee throughout the duration of their case. This allows our clients to have funding for the entirety of their case without having to worry about running out of money for attorney fees in the middle of the case.
Our law firm partners with a lender who will submit your application to up to ten lenders at a time. The lenders then compete for your business. Typically, your application will be presented to up to seven lenders and you will know whether you qualify for a legal loan within seconds. If your application is approved, you are able to pick the loan with the most favorable terms. If you choose to accept the loan, it is usually funded within a few days. Since not every client is in the best financial situation, our lender works with clients who have a credit score as low as 500.
If you are approved for a loan and choose to accept it, the money will be paid directly to you. It is then placed in our trust account and we will draw it out as fees are earned. If, at the end of the case, all the proceeds are not used, it is returned to your account.
To find out more about the legal financing options we offer at Family Law Matters, please call us and set up a consultation. We can help provide solutions to your family law problems.
