An Ongoing Lawsuit and A Financially Strapped Plaintiff

Thousands of innocent victims are injured or die due to the negligence of someone else. These unfortunate events can result from an auto accident, medical malpractice, nursing home negligence, slip and fall, or product liability. Often times, the more serious the injury, the harder it will be for a plaintiff to withstand the litigation process, especially one who is out of work or requires around-the-clock care, or one who has lost a sole bread-winner.

In the battle for money damages in personal injury lawsuits, insurance companies have significant economic advantages over injured plaintiffs and often use plaintiffs’ economic hardships to their benefit. To help with financial obligations, you can deplete savings or borrow the money from family or friends. Both options are risky because the litigation process is often a long and unpredictable road to settlement or a verdict. And, sometimes the settlement is not favorable. Enter pre-settlement lawsuit funding, a process that provides plaintiffs with timely and strategic non-recourse cash advances, risk-free.

Lawsuit funding is a means to help the plaintiff through the litigation process without worrying about unexpected medical bills, funeral expenses, and ordinary living expenses affecting the value of their case. A financial desperate plaintiff is not a positive influence on settlement negotiations and will, almost always, settle his/her case for less than fair compensation. Strategic litigation funding will often prevent this from happening and will often pay for itself with increased case proceeds.

For plaintiffs with lost income and mounting expenses, litigation funding is sometimes their only access to cash; many victims do not have good credit and/or income to qualify them for a traditional loan. By removing a plaintiff’s financial burden, lawsuit funding enables a lawsuit to be resolved on its true merits. The best part of all, a pre-settlement cash advance is contingent upon the outcome of the case. That means if the plaintiff loses their case, they do not have to pay the money back. Unlike a traditional bank loan, lawsuit funding is risk-free.

Funding is based on the strength of the case and the perceived winnable outcome of the case. The only requirements when seeking lawsuit funding is to have an ongoing case and a retained an attorney. There are no credit checks, no employment verifications, and no monthly payments. Once approved, funds can be available within 24 -48 hours. Don’t let the wealthy defendants – big business and insurance companies – force you to settle for less than your case is worth. Let a legal funding expert help your level the playing field by providing the money you need now allowing time to for the legal system to do its job.