Lawsuit Funding: When Your Case is going through a Long Legal Process
Most plaintiffs are up against a defendant with deep pockets, whom are in no hurry to settle a case and pay fairly. For many, income and savings can’t keep up with the bills especially for those unable to work. Faced with significant financial hardship, some plaintiffs will seek help from family or friends, while others will be forced to settle for less than deserved just to avoid financial ruin. In recent years, there has been another option – lawsuit funding.
Unless you are in need and searching for a lawsuit funding, you most likely have never heard of this form of legal financing. So what is it and how does it work? Simply put, lawsuit funding helps relieve the financial pressures and reduce the need to accept a settlement too early for too little. Although it may appear to be a loan, lawsuit funding is actually a non-recourse cash advance against your expected settlement. Unlike a bank loan, there are no mountains of paperwork, no credit checks, no employment verification, and no upfront fees to apply. All that is needed is a pending lawsuit, attorney representation, and a case with merit.
The application process is quick and easy. An application can be reviewed with minimal case documentation and a decision made typically within be made within 24 – 48 hours. There are no out-of-pocket expenses; nothing is paid until you win your case at which time repayment is made from the settlement. If for any reason you fail to win your lawsuit, you would owe nothing; repayment of the lawsuit cash advance is completely waived.
To learn if lawsuit funding can make a difference to your financial well-being give us a call. We would be happy to provide a free, no-obligation consultation. If you are ready to apply, simply start you application by clicking here.