Lawsuit Financial Gives Power Back to the Plaintiff

When it comes to lawsuits, more often than not the side with the deeper pockets usually wins regardless of who is right. Why? Because insurance companies will use the technique of dragging out a case knowing most plaintiffs can’t financially withstand a lengthy litigation process. With limited or no financial resources, a plaintiff will give in, settling for much less than full case value.

Which side has the most money should never be the deciding factor, but until lawsuit funding bad situation just kept getting worse until the plaintiff gave in. Nowadays, lawsuit funding helps plaintiffs cover living expenses, personal obligations, and financial responsibilities. It also levels the playing field so plaintiffs and their attorneys have a stronger negotiating position and ability to receive the highest possible settlement.

If you have filed a lawsuit and are represented by an attorney, or have filed a lawsuit and are awaiting the trial or settlement of your case or payment of your settlement or award, you are eligible for lawsuit funding. Once Lawsuit Financial receives a funding application, we can usually make a funding decision within 24 – 48 hours, contingent on obtaining the necessary case documentation. We provide lawsuit funding based on the strength and value of the case, and there are no restrictions on how the money is used. Credit score and work history do not factor into our funding decision. The cash advance is provided on a non-recourse basis meaning that the plaintiff promises to repay the advance once the case settles.  If the case is unsuccessful, the repayment is waived. Additionally, if the case resolves at significantly less than predicted case value, we provide an appropriate compromise.

It is important to note that lawsuit funding should be considered as a last resort, after all other funding options are exhausted. Due to the high cost of this type of funding, any decision to accept an advance should be mad very carefully.

Lawsuit Financial Corporation is a leader in the lawsuit funding industry and recognized by attorneys nationwide as a preferred choice for legal funding services. Our CEO, Mark Bello, has thirty-seven years’ experience as a trial lawyer and over fifteen years as an underwriter and situational analyst in the lawsuit funding industry. Get the experience and expertise you deserve. Call us today at 1-877-377-7848.

Lawsuit Funding Can Increase the Chances of a Favorable Lawsuit Settlement

A person can pursue a personal injury lawsuit when he/she is the victim of a loss. The problem with filing a lawsuit is that a pending claim does not stop the bills from coming in. If the injured is unable to return to work, it places an additional financial strain on the already stressful situation. Even after a case settles, the defendant can file an appeal, delaying the settlement even longer.

Many plaintiffs will accept less than adequate compensation simply because they are strapped financially. This does not have to be the case. When a plaintiff is falling behind on rent, mortgage payments, credit card payments, or daily household expenses, lawsuit funding can ease some of the financial pressure. Lawsuit funding is the advancing of cash against the future proceeds of the lawsuit. It is often the only way to close the gap between immediate financial needs and the long-term fight for justice. For some plaintiffs, it may be the difference between survival and living on the street.

While often called a “lawsuit loan”, a lawsuit cash advance is not a loan, but rather a non-recourse form of funding. This means there is no need for employment verification or a credit check in order to qualify. Funding decisions are based solely on the strength of the case and repayment is only made when the case is settled. If the case is lost, repayment of the cash advance is not required.

If you believe you have a valid claim, but you do not yet have legal representation, Lawsuit Financial can help you find an experienced attorney in your area from our nationwide database.  This is a free service to you. Once you have retained an attorney, we can help you determine if a lawsuit cash advance is good for your case. After going over some qualifying questions and explaining how our funding services work, if you choose to apply for a lawsuit cash advance, you will complete our one-page funding application.

Receiving lawsuit funding from Lawsuit Financial is a quick and easy process. There is no need for an application fee or upfront charges of any kind. Next, we will contact your attorney for details about your case. Out underwriters will review the documentation and make a funding decision within 24 – 48 hours. If approved and you decide to accept the lawsuit advance, the money will be wired directly into your bank account or sent via overnight mail. The lawsuit cash advance is yours to spend in whatever manner you wish, but is recommended for necessary expenses such as the mortgage, rent, auto payments, medical expenses, and other necessities.

For a free, no obligation evaluation of your case, contact us today!

Lawsuit Financial Corporation is a leader in the lawsuit funding industry and recognized by attorneys nationwide as a preferred choice for legal funding services. Our CEO, Mark Bello, has thirty-seven years’ experience as a trial lawyer and over fifteen years as an underwriter and situational analyst in the lawsuit funding industry. Get the experience and expertise you deserve. Call us today at 1-877-377-7848.

When Does Lawsuit Funding Make Sense?

If you are a plaintiff in a pending lawsuit, how do you know if a lawsuit cash advance is a viable option for you to consider?

First of all, if you have savings, assets you can liquidate, or other means of obtaining cash, these may be less costly alternatives than lawsuit funding. On the other hand, if you have been seriously injured, are unable to work, do not qualify for a traditional bank loan, and have no other means of income while you wait for a settlement, you may have two options – an early settlement or lawsuit funding.

When tempted to settle for less than you deserve because of financial concerns, lawsuit cash advance can actually be a powerful way to level the playing field and stay the course. It prevents powerful defendants with almost unlimited financial resources, who will delay a claim, from putting pressure on you to accept a lowball offer. With a lawsuit cash advance, you can pay the mortgage, medical expenses, car payments, and everyday necessities such as groceries, allowing you to stay strong and pursue justice for fair compensation.

It is also important to keep in mind that your financial decisions can have long-term effects on your credit rating and on your life. How will your finances will be affected long-term? Will you lose your home? Declare bankruptcy? Long after your case is resolved, a ruined credit rating can affect you for years. A lawsuit cash advance can close the gap between your expected compensation and your immediate needs, while protecting your assets and your credit score.

Lawsuit funding is not a loan, but rather a non-recourse cash advance that is only repaid if and when you are successful in recovering compensation from your claim. There are also no upfront fees, credit checks, employment verification, or monthly payments because funding is based solely on the strength of the case.

If you are facing financial distress, are unable to pay the bills, and creditors are calling, lawsuit funding may make sense. To see if you qualify, contact Lawsuit Financial to discuss your situation. Once you decide lawsuit funding makes sense to you, simply complete our online funding application; we will take it from there. Because we understand the importance of your funding needs, we can typically review and approve a case within 24- 48 hours so you can have cash in hand as quickly as possible.

Lawsuit Financial Corporation is a leader in the lawsuit funding industry and recognized by attorneys nationwide as a preferred choice for legal funding services. Our CEO, Mark Bello, has thirty-seven years’ experience as a trial lawyer and over fifteen years as an underwriter and situational analyst in the lawsuit funding industry. Get the experience and expertise you deserve. Call us today at 1-877-377-7848.