i am starting or have starteda personal loan lending business similar to a payday loan but different. i need an attorney to protect me from losing my money as well as creating my forms.
This is a heavily regulated area of law with high risk and a great deal of controversy. You will need to be prepared to spend a great deal of effort and money setting up the infrastructure and documentation to deal with a wide variety of issues ranging from tax issues, usuary, collections, internet and security implications, lender regulations, and multi-state compliance. You will likely need a variety of lawyers to handle various aspects of such an endeavor and should start with hiring the first one ASAP to get an idea of what type of model you are lookingto implement. Should you have futher questions, please feel free to contact our office at 1-800-922-6442 for a FREE telephone or in office conference.
All responses are NOT to be considered legal advice nor to be relied upon in any as such nor to establish any form of attorney/client relationship. Opinions expressed are solely informational and not a substitute for proper legal advice provided by a properly retained after thoroughly researching the issues presented.
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