Tuesday, October 20, 2015

A Plaintiff’s Financial Situation Can Make or Break A Lawsuit



Every plaintiff who files a personal injury lawsuit expects a fair settlement. Unfortunately, this is not an easy task as the litigation process can be long and complicated. During this time, a plaintiff’s financial responsibilities don’t stop; the bills must be paid. If not, a plaintiff could risk eviction, foreclosure, car repossession, and more. Often times, it can seem easier to settle early just to pay the bills and move on with life. What if the plaintiff could remain financially stable during the legal process?

The first thought might be to apply for a traditional bank loan. The main problem is that the application process is lengthy and requires not only good credit, but current employment. Furthermore, a traditional loan requires monthly payments. Another option plaintiffs consider is credit cards. While this may seem a quick fix, credit cards can actually make the situation worse. Due to the lengthy litigation process and the interest rates attached to most credit cards, this “quick fix” can be a huge financial blow long-term. A better, risk-free option is pre-settlementlawsuit funding. With this lawsuit cash advance, plaintiffs have the ability to obtain quick financing, usually within 24 – 48 hours, without the need for employment verification or credit checks. There are no monthly payments and repayment is only due upon settlement of the case. If the plaintiff loses the case, there is no obligation to repay the cash advance.

All that is needed to be eligible for lawsuit funding is a valid claim and attorney representation. Begin by completing an online application or calling our office. Once we receive your application, we will contact your attorney to verify the information you had provided and also obtain additional details about the pending case. This information along with your application will next be reviewed by our in-house underwriters. If your case is approved for funding, you and your attorney will sign a funding contract. Then, we will wire transfer the funds directly into your bank account or send a check via overnight mail.

Don’t let a stressful financial situation ruin your chances to receive the compensation you deserve. Call Lawsuit Financial to obtain financial freedom while awaiting the settlement you deserve.

Mark Bello is the CEO and General Counsel of Lawsuit Financial Corporation, a pro-justice lawsuit funding company.



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