Sunday, 20 March 2011

Lawsuit Legal Finance! How Does It Work?

A relatively new source of financing is now available for both individuals and business owners. It is called Lawsuit funding or often referred as Lawsuit Loan, Legal Finance, Pre-settlement financing, Ligitation financing, Lawsuit cash advance, or Injury settlement funding, but these are not loans because the money does not have to be paid back unless the case is won or settled. These are Non-Recourse Cash Advances. It carries No Risk because Plaintiffs owe Nothing if they lose the case. The client must be represented by an Attorney, and need money prior to settlement due to financial hardship.

Lawsuit loan or Legal finance can provide a very timely financial solution to help plaintiffs who are having financial difficulties. Usually the Plaintiff's financial hardship is the result of being injured and not being able to work.

Mostly plaintiffs have missed work or lost their job 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 be in need of Medical treatments. They need to pay Children's education expenses.

But now these new Lawsuit loans are great help to plaintiffs. In the past, these claimants have needed to accept lesser settlement amounts due to pressing financial difficulties. Now, clients can sustain their personal lives and give the attorney the necessary time to achieve the full value of the case.

The process to receive Lawsuit loan is Risk Free & simple. There is no Application or upfront fees. Approval is fast. Plaintiff may have a bad or no credit. There are no monthly payments. They pay back only when they win or settle the case. They owe nothing if they lose the case. They can use the Cash Advance in any way they like

Legal finance is available for:

* Personal Injury, Automobile Accidents, Pedestrian injury any Type

* Pharmaceutical Litigation like Zyprexa, Vioxx, and Fen-phen etc.

* Asbestos / Mesothelioma lawsuit

* Passenger Injuries, Boating Accidents

* Tobacco/Smoking

* Slip & Fall Cases, Burn Injuries

* Nursing Home Abuses

* Breach of Contract

* Class Action/Product Liability

* Construction & Gen. Negligence (Animal bite, Homeowner etc.)

* Employment Discrimination

* Judgments, Verdicts, Appeals

* Malpractice: Medical-Legal, Accounting, Construction etc.

* Harassment: Sexual/Rape, Any Type

* Product Liability

* Wrongful Termination

* Wrongful Death

AND MANY MORE.....

A lot of people & businesses are being forced to settle early for way less than they deserve because they simply can't afford to wait any longer. There is no reason for them to settle for less than their case is worth.

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