Are you a plaintiff burdened with bills you can’t pay? You’re not alone; many plaintiffs struggle to survive financially during the recent economic downturn. Once you have the debt it can seem a daunting task to reduce or eliminate the money you owe. The fact is, getting into debt is easy for a plaintiff, but getting out is tough. Today, many plaintiffs choose to get cash for lawsuit funding to help break the bad credit/debt cycle and get back on good financial standing.
A lawsuit loan can be very helpful to personal injury victims as they wait for a case settlement. The lawsuit loan funding can be a key element to success as victims try to survive with the weight of financial pressures during this long legal process.
What is personal injury?
A personal injury case is a legal term used for lawsuit due to an injury to the body, mind or emotions. This type of injury concerns the body, and doesn’t include harm to property. The term “personal injury” is used to refer to a lawsuit where an injury to a person is caused by negligence.
The most common types of personal injury lawsuits are accidents at work, road and car accidents, slip and fall accidents, assault claims, accidents at home, product defect accidents (product liability) and holiday accidents. The term personal injury also includes medical and dental accidents.
If the negligence of another party can be proved, the injured party may be entitled to monetary compensation from that party. In the United States, this system is complex. Attorneys often represent clients on a “contingency basis,” in which the attorney’s fee is a percentage of the plaintiff’s eventual compensation, payable when the case is resolved.
Cash for Lawsuit Funding
Filing and waiting for a case settlement can take months even years to come to a conclusion. During this period of time plaintiffs can feel financial and emotional stress. This is why many people work with their lawyer to cash for lawsuit funding.
Cash for lawsuit funding is an upfront advance of funds from a pending lawsuit. The amount advanced is usually an amount that is less than the expected amount from a pending lawsuit. Cash for lawsuit funding is very different than typical bank loan; they do not require a credit check, an income amount, or a statement of employment history
Cash for lawsuit funding is based on your pending lawsuit. If your lawsuit does not come out in your favor, the loan does not have to be repaid. So, in order to qualify for a lawsuit settlement loan your case should be strong and winnable.
The application process to obtain this funding is quick and easy.
Alliance Claim Funding is a reputable lawsuit loan company. Alliance Claim Funding advances funds to plaintiffs pursuing damage claims; in return, securing a portion of the proceeds that may flow from successful case settlements.
If the case does not settle prior to trial or loses the trial – the advance is forgiven! You owe Alliance Claim Funding nothing!
To learn how cash for lawsuit funding can help you, give us a call, toll free, at 888-732-3389 or complete the contact form on the left. If you’re ready to get started, you can complete the application form.