Tag Archives: personal injury litigation

Lawsuit Cash Advance Provides Financial Lifeline to Plaintiffs

Lawsuit cash advances are growing in popularity as a way to help fund lawsuits.  Lawsuits can be very expensive for plaintiffs, and can take a long time to reach a settlement.  Legal fees mount over time as the lawsuit moves forward.  Funds are typically needed to help plaintiff’s pay legal fees and to help plaintiffs stay the course financially and while keeping the lawsuit alive.

With a lawsuit cash advance a funding company will review the case in question and if the case looks sound and winnable, the funder will provide funds upfront to the plaintiff.  Some funding companies ask for a loan repayment as well as a percentage of the eventual settlement award.  However, this is not as popular as it once was.

Most lawsuit cash advance companies will not collect any money if the plaintiff loses the case.  This unknown outcome of a case makes loans risky for the funder. It is typical that a lawsuit cash advance funding company will carefully review the case in question and determine the plaintiff’s potential for settlement before a money is granted.

Lawsuit cash advances are provided for a wide variety of lawsuits. The most common types of cases to receive funding are auto accidents, premise liability, medical malpractice, product liability, commercial litigation, railroad claims, personal injury, and wrongful death.

When a plaintiff works with a lawsuit cash advance company, the company will fully review the case and evaluate the strength and merits of the case. The funder must see a probably favorable outcome to enter into an agreement with the plaintiff. Most lawsuit cash advances are reviewed quickly and a lawsuit cash advance agreement is written outlining all the details of the loan and the repayment requirements.

Most reputable lawsuit cash advance funders will review the entire situation, including the financial needs of the plaintiff.  Loans are created based on those needs so the plaintiff can keep the case alive and not be forced to drop the case, or settle too soon.

Since these lawsuit cash advances are granted solely on the strength of the case, they do not require credit checks, employment history, or typical bank requirements for funding.  The main criteria will always be the strength of the case, and funding based on the amount expected when the case is settled in favor of the plaintiff.

Legal Funding Gives Financial Support to Auto Accident Plaintiffs

If you’ve had the unfortunate experience of being in an auto accident you may be considering legal funding.  There are a few tips to help you understand and begin the process of legal funding to help with financial support as you file a lawsuit and stay financially stable.

For many victims of auto accidents it can be confusing to figure out how to proceed legally and financially.  If the driver of the vehicle which caused the accident, the passengers or those hurt in other vehicles can become plaintiffs in a lawsuit against the driver.  Many times passengers are family members or friends which can make them reluctant to file a lawsuit. Yet it may be necessary to pursue legal action if the driver is at fault.

Those involved in auto accidents and file a lawsuit many times seek legal funding to continue their case so they can be properly compensated due to the injuries sustained in the accident. The first step after obtaining proper medical care is for the injured party to retain a competent personal injury attorney.  Once you have chosen a respectable, well trained attorney you will be advised on how to file and follow through on your claim.  Do not delay seeking immediate medical attention as not only do you need to be treated for your injuries, but this will be an important component of your lawsuit.

Legal funding is many times an essential to the financial health of plaintiffs. The funding has become very popular for many reasons.  First of all a case typically takes a long time to wind through the legal system.  It can take months or sometimes years to reach a settlement in a personal injury case. During that time auto accident plaintiffs typically feel stretched and even stressed financially.

If you are involved in an auto accident, you need to contact a competent Personal Injury attorney. You are also encouraged to consider your financial well-being, and your options regarding legal funding. In most case, plaintiffs will find that legal funding will be of great help to them in being able to follow through on their lawsuit and to meet financial-obligations.

Alliance Claim Funding Services:

Alliance Claim Funding makes reliable funding solutions available to plaintiffs and their attorneys that address plaintiffs’ urgent financial needs. Call us today or fill out the form on this page.  The application process is quick and easy and if approved cash is advanced quickly.

 

How Does Lawsuit Cash Funding Help You?

Plaintiffs in lawsuit settlement cases can many times be left in a very lonely spot as they await a settlement.

Many plaintiffs in contingency cases face enormous financial issues as a result of their medical situation and injuries.  Many plaintiffs are unable to work and have no income. Due to this dire situation more and more attorneys and clients are looking to lawsuit cash funding as a means of staying afloat financially during this critical time.  Reputable lawsuit cash funding companies are routinely providing cash advance funding for many personal injury lawsuit settlements cases.

Funding of this type is far different than a typical loan.  Lawsuit cash funding is provided without the routine credit checks and employment history necessary when taking out a bank loan. Funding is based on the strength of the case and the perceived outcome of the case.  These funders for lawsuit settlements are routinely used in more and more cases as they step in to save plaintiffs from financial ruin.

Many plaintiffs have no idea this type of lawsuit cash funding exists to help them survive while waiting for a verdict or settlement in their case.  Plaintiffs typically qualify for a cash advance anywhere from $250 to one million dollars, depending on the details of the case.

This kind of lawsuit cash funding is really changing the entire legal arena.  Prior to funding for lawsuit settlements, many plaintiffs were forced to settle their cases early due mounting financial pressures and commitments. They just couldn’t hold out for the settlement they were likely due. Funding now gives plaintiffs a chance to stay the course and see their cases through to a final verdict or settlement.

Plaintiffs who work with a reputable lawsuit cash funding company will find the application process is easy and once approved funding is provided immediately via overnight mail. This quick response time is a gift to those injured parties who are struggling to get by.

What is Personal Injury?

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Personal Injury

Personal injury is a legal term for an injury to the body, mind or emotions.  This type of injury is limited to the body and does not include property.  The term is typically used to refer to a tort lawsuit where an injury to a person is caused by negligence.
The most common types of personal injury claims are road traffic accidents, accidents at work, tripping accidents, assault claims, accidents in the 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.

Filing and waiting for a case settlement can take a long time.  During this time plaintiffs can feel financial and emotional stress.  This is why many people work with their lawyer to secure lawsuit settlement funding.

A lawsuit settlement 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.  Lawsuit settlement loans are very different than typical bank loans as they do not require a credit check, an income amount, or a statement of employment history

A lawsuit settlement loan 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.

Lawyers are prevented from lending any money to clients. The American Bar Association has strict rules against such funding from lawyers to clients. The rules were devised to prevent any kind of conflict of interest that would change the legal advice from your attorney.