Lawsuit Funding – How Does a Plaintiff Benefit?

Many plaintiffs end up turning to lawsuit advance

as a way to see their case through the court system. Without lawsuit advancemany of these plaintiffs might not be able to even afford to file the case. These types of funding options are typically available to those who qualify, which means funding is typically available to those whose cases are strong and likely to win in court.

You can cover your living expenses while you wait for your case to settle

If the legal process in our court systems was swift, these advance might not be needed. But the reality is most of these cases take a very long time to reach a verdict or a settlement. During this time plaintiffs can be put in great financial danger and personal stress.  Lawsuit advance give plaintiffs the freedom and ability to cover their living expenses and medical bills while awaiting their final settlement in court. Financial pressures usually mount for the plaintiff as they endure the long legal process usually found with personal injury claims.

Money worries won’t force you to settle prematurely

In many instances, big companies will delay the settlement as long as possible. They often use these delay tactics as a beneficial legal strategy used to put more pressure on the plaintiff. Not only do they have the financial means to do this, but they know that by delaying the case the plaintiff may settle for a lesser amount.  Lawsuit loan companies can help plaintiffs get the money needed to avoid this scenario.

Lawsuit advance help the client avoid having to settle early for a lesser amount than they deserve because of being low on funds.  Lawsuit loan companies fund you with the money you need, and there is no loan repayment.  If you win your case, the lawsuit advance company gets an amount that is agreed upon prior. This amount is determined during the approval process and is clearly understood by the plaintiff.

Getting a lawsuit loan is quick and easy

Getting a lawsuit loan is typically a fairly quick process.  Lawsuit loan companies do not require a background or credit check as the biggest requirement is that the case be determined winnable in court.  Once the case is approved,  the only requirement is that the plaintiff pay the agreed upon amount if they win their claim.  There are no payments required prior to the time when the case is settled. If the case is not settled, the company does not get repayment for the money they funded the plaintiff.

To learn how legal 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.