A personal injury
plaintiff struggling to pay the bills while waiting for his/her lawsuit to wind
through the courts is nothing new. Even when a case successfully settles, a
plaintiff may continue to wait for compensation, especially during an appeal
process. “We understands this situation and
provides non-recourse cash advances to help plaintiffs survive these
difficult financial times,” said Mark Bello, owner and founder of Lawsuit
Financial.
Strategic and timely
placed cash advances, known as lawsuit
funding, may be the only way for plaintiffs to stay financially afloat and
resist the pressure to settle too soon, for less than case value. Funding can be used at the plaintiff’s
discretion, but is typically used to pay the mortgage, rent, tuition, medical
bills, and daily household expenses.
There is no employment verification or credit history required; funding
is based on the projected future settlement or award.
“All that is required for
Lawsuit Financial to review a case for funding is that the plaintiff has filed
a lawsuit through and experienced attorney and completed our one-page
application. Once we receive the plaintiff’s application and case documentation
from his/her attorney, our investors will determine if the case has merit,”
said Mr. Bello. If approved, Lawsuit
Financial will prepare a contract and funds can be available within 24 – 48
hours. It is important to note that our
funding is provided on a non-recourse basis, meaning that if the plaintiff loses the case, she/he owes us nothing,” stated Bello .
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