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Personal Injury Services


iQualify Financing Platform Approved By American Bar Association

Published on February 4th, 2019

You may think that finances often stand in the way between you and finding a quality lawyer in Rockford, but this no longer has to be the case. As of November 27th, 2018, the American Bar Association (ABA) approved the use of iQualify Lending, a financing method designed to help clients pay for legal fees for an attorney of their choosing. This means that previously if a potential client did not have the means to pay for a qualified lawyer, they could not obtain legal representation.

Both Attorneys and Clients Benefit

Rest assured that both attorneys and clients will benefit from the iQualify Lending platform. The attorney will supply the potential client with an application form submitted via the iQualify Lending offices, and qualified lenders will submit bids to the client within minutes. The client will then be able to choose the financing option that works the best for them.

Clients are able to take advantage of the iQualify Lending platform with a FICA score as low as 560. Factors include income, debt, and debt-to-income ratio.

More Focus on the Case Itself

The client will be able to pay for their legal fees up-front and in full. Rather than both parties worrying about finances, they will now be able to better focus on establishing and winning the case.

At the American Law Firm, we are ready to help you with a wide variety of cases, including personal injury, bankruptcy, divorce, immigration, auto accidents and more. Please contact us today to take advantage of your free case evaluation.

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