If you are a plaintiff, involved in a civil lawsuit and you
are represented by an attorney, you may be eligible for an
easy cash advance on your pending lawsuit settlement. This
is also known as non- recourse lawsuit loan, lawsuit
funding, pre-settlement lawsuit funding, funding lawsuit,
lawsuit advance funding, lawsuit cash advance, lawsuit
cash, lawsuit advance and lawsuit loans.
Lawsuit Funding is a Non-Recourse Lawsuit Loan:
Lawsuit funding or lawsuit loan is a loan that is secured
by only your lawsuit as the collateral. If you the
plaintiff the borrower does not win or settle your lawsuit,
you do not have to pay back to lawsuit loan funding
company. This is one instance where the borrower does not
have personal liability for the loan. What is a Lawsuit? :
A lawsuit is a civil action brought before a legal court in
which the party commencing the action, the plaintiff, seeks
a legal remedy. If the plaintiff is successful, judgment
will be given in the favor of plaintiff, and a range of
court orders may be issued to enforce it.
It is not a deep mystery that wealthy defendants including
insurance companies, with lot of money and vast resources
– can afford to have full solid teams of attorneys at
their disposal to handle lawsuits. Their main aim is to
make lawsuits go away if they can, or to delay a resolution
and keep lawsuit settlements and judgments as low as
possible.
Most plaintiffs involved in lawsuits are ordinary people,
who can barely afford the money to get their lawsuit off
the ground, much less sustain it for years. They have
family to take care and they have to pay mortgage, rent,
car payments, monthly bills, children’s educational
expenses, medical bills etc. They need some solution for
their immediate financial needs. Ready money works great
cures.
What are the other available alternatives?
1. Loans from friends or family: This is high risk,
especially if, you lose the lawsuit and you may not have
the money to pay back their loans. But that is not with
lawsuit funding as it is a non-recourse lawsuit loan.
2. Get cash, using your own credit cards: This is an
expensive alternative and you still have to pay your
monthly credit card bills. But lawsuit funding is a
non-recourse lawsuit loan, which you pay back to lawsuit
funding company only if you win or settle the case.
3. Take out a loan from bank: Banks do not generally make
loans against future lawsuit settlements. They may offer a
personal line of credit based on your credit worthiness.
Even if you do qualify, you have to start paying back a
bank loan right away and continue making payments until
loan is paid off, even if you lose your case. But this does
not apply to your non-recourse lawsuit funding or lawsuit
loan.
4. Obtain a home equity loan or second mortgage funding:
This option is extremely risky. If for some reason you do
not win your lawsuit case, you could lose your home. But
that is not with the lawsuit funding or lawsuit loan.
Rich or poor, what one needs is enough money to take care
of immediate needs. Unfortunately, none of these options
listed solve your immediate financial problems without
risk. In fact, each one could actually add to your
financial burden and the emotional stress on your family.
The best option is lawsuit loans or lawsuit funding.
You can get your Lawsuit Funding – Lawsuit Loan in 3
Easy and Simple Steps:
1st. Step - Submit the Easy and Simple Application: When
you apply for lawsuit loan there is no application fee. A
good lawsuit funding company should not charge any upfront
fee or any application fee, processing fee or any monthly
fee.
2nd. Step – Your attorney faxes the required
documents to lawsuit funding company. Approval for lawsuit
loan is always fast. Mostly in 24 to 48 hours (some times
in 4-6 hours).
3rd Step - If approved for lawsuit loan, funds are wired
into your bank account, the same day. Of course, you can
take a bank check also.
Once you get a lawsuit loan, you pay back to lawsuit
funding company only and if you win or settle the case. If
you lose your case, you do not owe the lawsuit funding
company anything. The lawsuit loan advanced to you is yours
to keep.
The lawsuit loan or lawsuit funding is the totally safe,
secure, no-risk solution. You only repay if and when you
win your case. This protects your family, assets and any
needless jeopardy to your credit history.
About the Author:
About the Author:
Paul Sherman, The Lawsuit Money Man, is a Legal Funding
Consultant. He offers free, professional, and independent
advice to plaintiffs (incl. business owners) involved in
lawsuits & Attorneys. To apply for Lawsuit loan, Commercial
Lawsuit funding, Law Firm loan, Attorney funding &
Structured Settlement funding please visit:
http://www.easylawsuitfunding
