Most of the claimants involved in litigation, not realizing that they can get cash advance before their case is gone. It is called Lawsuit funding or often referred to as Proceedings loan, lawsuit settlement loan, lawsuit settlement funding, litigation funding, Lawsuit cash advance loans or Legal Lawsuit pre-settlement funding. But these are not loans because the trial loan repaid only after successful judgments or settlement of the lawsuit.
Why Lawsuit Funding or Lawsuit Loan is really not a loan?
Typical loan to be repaid in full. But litigation loan is a non-recourse debt, a secured loan (debt), secured by a pledge of security. Where a plaintiff has funded the trial loan collateral is future-proof solution of the trial, but the borrower is not personally liable.
Lawsuit settlement funding is a non-recourse litigation loan or lawsuit cash advances. It poses no risk because the complainant owe nothing if they lose their court case. Lawsuit settlement loan programs provide them with immediate cash to give them, and their lawyers time to negotiate a larger cash settlement!
Lawsuit settlement loans or lawsuit settlement funds may provide a very rapid financial solution to help the complainant, who have economic difficulties. Normally, the plaintiff's economic problems are a result of being injured and unable to work.
Mostly litigation claimants have missed work or lost their jobs and can no longer meet their mortgage / rent or car payments. Many of them may be one or two payments away from foreclosures. They may need medical treatment. They need to pay children's education expenses and monthly bills.
Benefits Lawsuit Settlement Loan or Lawsuit Settlement Funding Programs:
But now these new trial or a trial loan financing programs are very helpful for the complainant. In the past, these claimants have needed to accept lesser settlement amounts due to pressing financial difficulties. Now, customers can continue their personal lives and give the lawyer the necessary time to achieve the full value of the case.
Lawsuit Loan or Lawsuit Funding Program: How does it work?
The process of receiving legal proceedings or litigation loan finance is risk free & simple. Approval is quick. Applicant may have a bad or no credit. There are no monthly payments. This entire process is confidential, prompt and discreet:
1. The first step towards a trial loan is to fill out an application form. Where an application is free and there is no obligation
2. Applicant authorizes attorney to release case information to underwriters
3. Quick and thorough underwriting process to qualify the client.
4. If approved plaintiff and his attorney complete litigation funding agreement
5. Bank check delivered to the complainant. You can use the cash advance in any way they want.
6. Applicant payback upon successful settlement / judgment
7. If the plaintiff loses case, plaintiff owes nothing to the lawsuit settlement funding company
Lawsuit loan or lawsuit funding is available for many types of lawsuits:
Some of them are:
Auto Accident, injury, Pedestrian injury any type, etc.
- Airplanes, trains, ships and Boating Accidents, Passenger Injuries, etc.
- Slip / Trip & Fall Cases, Burn Injuries, Dog Bites, etc.
- Discrimination in employment, Wrongful Termination, sexual harassment,
Disability Discrimination, Age Discrimination, Whistle Blower (Qui Tam), etc.
- Dishonesty: Medical, Legal,
- Medical Malpractice-Wrongful Death, Birth Injury, Failure Diagnosis,
Medication errors, etc.
- Nursing home abuse
- Construction & Major General negligence Ceiling Collapse,
- Mesothelioma / Asbestos,
- Pharmaceutical Litigation: Zyprexa, Fen-Phen, etc. Vioxx
- Faulty Products: Guidant, Medtronic Leads, Ortho Evra, etc.
- Police misconduct / Brutality etc.
- Wrongful Arrest, False Imprisonment, etc.
- Wrongful Death.
- Worker Compensation cases (not all states).
And many more.
Advantages of using a reputation Lawsuit Settlement Loan Company:
A reputation litigation finance company will provide adequate amount of litigation settlement loan on time on most types of lawsuits, including auto accident, personal injury, employment discrimination, false imprisonment, medical malpractice, unlawful death, workers compensation, civil rights, legal malpractice, class action, construction negligence, and more.
The legal system is unmapped and little-known territory for most of the plaintiffs. A mass trial plaintiffs are forced to settle early for much less than they deserve because they simply can not afford to wait any longer. But with the timely assistance of trial loans or lawsuit funding, there is no reason to settle for less than the profits of their trial.
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