Monday, January 13, 2014

Averting a Financial Crisis with Lawsuit Funding

Many people fail to properly plan for a financial disaster and the current economy has brought this lack of planning to the forefront. When people fall victim to the negligence of someone else and are faced with loss of income, medical bills, and other financial hardships, they are able to avoid settling their case prematurely with lawsuit funding.

When a plaintiff is faced with depletion of financial resources and possibly dealing with serious injuries, s/he may see no choice but to settle the claim to avoid debt. Deep pocket defendants (insurance companies and big businesses) know this and tend to draw out the process waiting for the plaintiff to exhaust limited disposable income and quickly settle the case for the much smaller settlement.

A lawsuit funding company can provide emergency cash months or years before the case settles. Because funding is based on the merits of the case alone, it does not affect a plaintiff’s existing credit rating. Plaintiffs seeking lawsuit funding need not pay an application fee or monthly payments. Repayment is not necessary until the plaintiff successfully settles; if unsuccessful, the legal funding company relinquishes their entire cash advance for that claim. There are no credit checks or employment conditions to obtain funding.

If you’re embroiled in litigation and struggling with finances, a lawsuit advance can provide vital cash to help you stay afloat. Simply complete an online application or call our office toll-free at 877-377-7848. Once we receive the application, we work with the plaintiff’s attorney to obtain necessary case documentation. After our underwriters review the case, if approved, funds can be available within 24 hours of a signed contract.

Lawsuit Financial Corporation has the most combined legal and lawsuit financing experience and fund the largest variety of cases. We feature a fast and efficient legal finance system because our cash advances are based purely on the merits of the lawsuit and the probability of a successful settlement. More often than not, funds can be wired the same day a lawsuit cash advance contract is completed and signed by the client and his/her attorney.

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