Lawsuit Funding – The Answer to Deny, Delay, and Defend Tactics

Most accident victims are forced to file a lawsuit because a greedy insurance company will engage in deny, delay, and defend tactics and refuses to fairly compensate the innocent victims. Insurance companies know that the system takes a long time to resolve cases; lawsuits typically do not settle quickly, with the majority settling two to five years after a suit is filed.

So, the insurance company will use this to its advantage and typically withhold settlement and/or resolution unless it is in their own best interest to resolve the case or until a judge or jury force them to pay. Even if the lawsuit is filed early, there is no guarantee of a quick settlement or trial. In the meantime, injured and under-financed plaintiffs grow more and more desperate for a resolution. Through pre-settlement lawsuit funding though, plaintiffs now have the luxury of waiting out the litigation process without giving in to the financial pressure to take early, inadequate offers from the greedy insurance company.

Litigation funding is cash paid by a legal finance company to personal injury litigants in advance of their expected settlement or jury verdict. It is calculated by the likelihood of success, the potential case value, and the time it will take for the case to conclude. The purpose of pre-settlement funding is to prevent financial desperation causing a plaintiff to settle a valuable case too soon, for too little compensation. The basic principal behind lawsuit funding is to increase case revenue by giving a plaintiff control over the negotiation process; a lawsuit cash advance allows the plaintiff to control what offers are acceptable.

Once an application for lawsuit funding is received, the legal finance company will contact the plaintiff’s attorney to obtain minimal records and underwriting assistance in order to review and evaluate the merits of the case. If approved, funds can be available within 24-48 hours. Although the plaintiff may use the lawsuit cash advance as desired, it is recommended to be used for important bills and expenses, such mortgage or rent, car payments, utilities, medical expenses, and other expenses resulting from injuries incurred. There is no cost to apply for lawsuit funding, no monthly payments, and no upfront fees of any kind. Because lawsuit funding is risk-free, if the plaintiff loses his/her case, the lawsuit cash advance is excused; the money does not have to be repaid.

Don't let the insurance company take advantage of you; don't settle your valuable case for pennies on the dollar. Turn to an experienced legal finance company instead. With financial concerns taken care of, you can concentrate on the case and obtaining justice and fair compensation.