Posts Tagged ‘lawsuit loan’

When To Consider A Lawsuit Loan

Monday, April 19th, 2010

A lawsuit loan is also known as a case loan or plaintiff cash advance. It is not an actual loan. It is money advanced to someone that will receive a settlement from a court case. Usually it is a personal injury or loss of income situation and could be from a number of sources. Auto accidents, product liability, medical malpractice, are just a few. There are advantages and disadvantages to receiving money before the litigation is resolved. Here are some points to consider.

Advantages

Just because you apply for the money does not mean you have to take it. You can change your mind. It will not take long to get the money. You can usually get it in a week or less. There are no fees until it is time to pay back what you owe.

If you have pressing bills or immediate expenses to take care of, this can offer a solution. Some people have no other source of income and this can be of great value. A lot of stress and inconvenience may be lessened by receiving money upfront as it may take years to get your settlement.

You do not need the usual loan type of qualifications. There will be no credit check. You do not have to be gainfully employed. You will not have to worry about monthly payments, to repay the loan.

The risk is minimal. There is no repayment of the money if the case is lost. Payment is due if and when the case settles.

The bad things

The loan company is taking a lot of chances on loaning you their money. They will charge you accordingly. The longer it takes you to get your settlement, the more you will have to pay. A five thousand dollar loan may cost you an additional five thousand or more, in two years. Interest will mount up for every month until repayment. Other fees will also be added for processing and paperwork.

Some lawsuits may not require the use of a legal representative. If that is your case, you will not be considered until you hire an attorney. The loan companies usually work with lawyers for these types of loans.

Additional choices

Consider anything of value that you could put up for a loan. You may be able to borrow money against your house. There might be a relative or friend that may lend you cash.

Final points

You do not have to pay back the money if there is no settlement. If you win the court case, you will be charged very high interest for receiving cash beforehand. Weigh all the other options first. A lawsuit loan may be the only way that you can avoid financial catastrophe.

Want to find out more about lawsuit finance, then visit Jack Brown’s site on how to find the best information about lawsuit finance for your needs.

Tags: , , , , , , ,
Posted in Loans | No Comments »

Why Should I Use A Broker If I Want To Obtain Either A Lawsuit Loan Or Lawsuit Funding?

Tuesday, March 2nd, 2010

Most individuals are likely unaware of the fact that it is possible to obtain either a lawsuit loan or lawsuit funding. An even smaller number of individuals are aware of the fact that they may utilize brokers\’ services to assist them in this process. These brokers specialize in assisting individuals in obtaining lawsuit loans and lawsuit funding. These brokers have as their primary objective finding the most appropriate funding-entity to provide the litigation funding their clients seek.

It is tremendously beneficial to clients to work with brokers who also work with a number of funding-entities. Most funding-entities are going to submit each claim to the same underwriters. However, when working with professional brokers, individuals may rest-assured that their claims will be reviewed and submitted to the funding-entity from which the client is most likely to derive maximum benefit. Furthermore, there are no costs involved when one utilizes a broker\’s services.

Most individuals are surprised to know that there are no costs involved when utilizing a broker\’s services. Are you wondering why it is that there are no fees involved when a lawsuit loan or lawsuit funding broker is utilized? The answer is quite simple when one realizes that these funding-entities spend a great deal of money advertising to obtain information regarding clients who are pursuing litigation funding. Most funding-entities are quite eager to work with competent-brokers who are capable of dealing directly with clients, obtaining requisite documentation, determining whether the client\’s claim is appropriate for their particular institution, etc.

Additionally, brokers understand the types of information each of the funding-entities with which they work require. It isn\’t as easy as just submitting one application to all funding-entities. Many funding-entities require specific information. Many funding-entities limit the states in which they are willing to provide the financial assistance clients seek. (This will vary from funding-entity to funding-entity.)Furthermore, funding-entities limit the types of cases that they will handle (e.g., some will handle Workers\’ Comp cases, most will not, etc.).

The broker actually serves as a liaison between the client, the client\’s attorney, and the funding-entity. The broker will work to obtain requisite documentation, review the documentation, and determine which funding-entity is best-suited to assist the client in obtaining the financial assistance they seek. Once the documentation is obtained and reviewed, the broker will both submit the documentation to the funding-entity most likely to provide the financial assistance their client seeks and follow up with that funding-entity to determine whether there are either additional documents that are required or specific concerns for which additional information may be needed.

There is no doubt that working closely with either a lawsuit loan broker or lawsuit funding broker is a wise choice for most clients! Brokers provide a great deal of assistance to clients, as well as increasing the likelihood of their obtaining the financial assistance they seek. Additionally, brokers will work closely with clients to help them maximize the amount of funding obtained to decrease the likelihood of having to request additional funding in the future. Subsequent requests are often met with a great deal of resistance from funding-entities. Many clients return to the same broker if a need for litigation-funding arises in the future.

Interested in learning more about a lawsuit loan? Then visit us today. There you can learn more about lawsuit settlement loans and even apply online for a lawsuit loan.

Tags: , , ,
Posted in Loans | No Comments »

Are You Considering Either A Lawsuit Loan Or Lawsuit Funding? If So, This Guide Is For You. (Part 3)

Sunday, February 21st, 2010

In our first two articles, we explored ways in which plaintiffs would be able to assess both the pros and cons of obtaining either a lawsuit loan or lawsuit funding. This article\’s focus will be on what happens once the settlement loan is obtained.

Many of our clients come to us asking, \”How do we repay a lawsuit loan?\” It is very important for clients to realize that when obtaining this form of financial assistance, there are no upfront fees, your credit history is not an issue, and you have to pay nothing unless and until your claim is settled. The time at which a lawsuit loan or lawsuit funding would be repaid would be once the claim is actually settled. This assumes of course that the claim is settled in the plaintiff\’s favor.

One of the foremost questions clients present is, \”What happens if I lose my lawsuit?\” Another advantage of obtaining settlement loans is the fact that they are non-recourse forms of funding. Therefore, if the plaintiff does not prevail in the underlying lawsuit, the plaintiff repays nothing. The funding-entity has already advanced the funds and the funding-entity cannot pursue the plaintiff if the plaintiff does not prevail in that lawsuit.

Another question clients frequently ask is, \”Are there any limitations as to the manner in which I may spend the money I obtain from either a lawsuit loan or lawsuit funding?\” The answer to this question is, \”No.\” The client may spend the money in any manner he/she deems appropriate. The flexibility of the manner in which these funds may be put to use is a real asset of this form of funding. In many cases, clients are in a position in which they must obtain assistance to pay their utilities, mortgage, etc. However, the client is not limited to mere necessities in the utilization of the monies obtained.

What happens if the plaintiff needs more money in the future (i.e., subsequent to the initial funding)? Plaintiffs may actually take a limited portion of the initial amount that the funding-entity agrees to advance. If this is the case, the plaintiff may simply go back to the funding-entity and request additional funds. However, the plaintiff may also submit a subsequent request to obtain additional funding in the future. (It is important to note that the funding-entities will require the plaintiff to disclose each and every lien that may exist prior to determining whether additional funds should be advanced.)

Both plaintiffs and attorneys are eager to find out whether the funding-entity exercises any control over the manner in which the case is prosecuted. No, the funding-entity plays absolutely no role in the manner in which the case will be prosecuted. In fact, once the monies are advanced, the funding-entity will have no involvement until such time that the case is finally settled in the plaintiff\’s favor and an award is issued.

It is interesting to note that many clients are concerned about the manner in which attorneys will view a request for a pre-settlement loan. It is unfortunate that a relatively large number of attorneys are totally unaware that such financial assistance is available for their clients. However, many attorneys who are aware of such funding are eager to assist their clients in obtaining the financial assistance they need to be able to continue to pursue the litigation against the defendant.

If you\’re currently a plaintiff, have you ever wondered why your attorney can\’t just loan you the money? There is little doubt that many attorneys would love to be able to provide financial assistance to their clients. However, attorneys are prohibited from doing so due to the possibility of a conflict-of-interest arising as a result of providing such financial assistance. (It is significant to note, however, that attorneys are often willing to assist their clients with case-related expenses.)

Many clients are concerned that details exchanged regarding their case are not confidential. However, the transaction is completely confidential. In fact, unless the plaintiff elects to put the defendant on notice that either a lawsuit loan or lawsuit funding was obtained the defendant will be unaware that such a transaction occurred. (The plaintiff may wish to put the defendant on notice that underwriters with a great deal of experience in reviewing such matters have deemed the plaintiff\’s case meritorious.) It is significant to note that if the underwriters did not deem the plaintiff\’s case meritorious, no funds would have been advanced.

Settlement loans often prove to be extremely helpful to plaintiffs. When plaintiffs are hard-pressed financially, they are often eager to obtain either a lawsuit loan or lawsuit funding. Once such financial assistance is obtained, plaintiffs often find themselves much more confident about being able to pursue the lawsuit until a fair-and-equitable settlement is achieved!

Do you think a lawsuit settlement loan is right for you? Would you like to learn more about lawsuit loans? Please visit us today and you may apply online for a lawsuit loan and learn about the benefits of a lawsuit loan.

Tags: , , , ,
Posted in Loans | No Comments »

Is It True That You Can Obtain Either A Lawsuit Loan Or Lawsuit Funding At No Cost?

Sunday, February 21st, 2010

Most of the clients who contact us want to know how much obtaining either lawsuit loan or lawsuit funding will cost them. Most clients are totally unaware of the fact that the settlement loan they seek may actually wind up costing them absolutely nothing! When pursued correctly, pre-settlement loans may be another cost for which the defendant becomes responsible.

Understandably, clients are concerned about many of the rumors that they hear about the high cost of obtaining financial-assistance to pursue litigation. However, there are many fundamental myths and misunderstandings revolving around this particular topic. Unfortunately, the problem is compounded by the fact that many plaintiffs\’ attorneys are totally unaware that such a financial instrument even exists, preventing them from assisting their clients in ways that would be beneficial to them as they wend their way through the litigation-maze!

The problem is also worsened by the fact that the insurance carrier that is on-the-risk for damages their insured caused, will do everything in their power to keep plaintiffs from learning what it is they need to know about obtaining either a lawsuit loan or lawsuit funding. Naturally, insurance carriers are going to want the plaintiff to settle the claim as quickly and cheaply as possible. In fact, the insurance carrier truly just wants the plaintiff to go away in the dead-of-night.

Sadly, many plaintiffs do not have the financial wherewithal to withstand the cost of ongoing litigation. Therefore, they are very likely to abandon their lawsuit prematurely. Many attorneys, antsy to obtain a quick and easy settlement, will often do very little to assist their clients in pursuing such litigation. Contrariwise, there are many plaintiff attorneys who were extremely effective in assisting their clients in obtaining a fair-and-equitable settlement. Make no mistake about it! A good Personal Injury attorney is absolutely essential in such cases!

Well, you\’ve been informed that you may obtain your lawsuit loan or lawsuit funding at no cost to you. The question is, how do you do it? It should be borne in mind that, if the plaintiff intends to utilize the litigation funding obtained in a \”frivolous\” manner, the costs incurred in obtaining such financial assistance are likely to remain a cost that the plaintiff must bear. However, if the need for such funding arises out of necessity (e.g., to assist the plaintiff to pay utilities, mortgage, car payment, etc.), these costs should be pled as damages. If such damages are awarded in a Court of Law, these costs are shifted directly to the defendant. Therefore, the plaintiff obtains the settlement loan and the defendant pays the bill!

In just a few paragraphs, I\’m certain that all of the concerns regarding this issue have not been addressed. However, the plaintiff must ask, \”Does obtaining either a lawsuit loan or lawsuit funding cost or pay?\” Only the plaintiff will be able to answer the question.

Interested in learning more about a lawsuit loan? Then visit us today. There you can learn more about lawsuit settlement loans and even apply online for a lawsuit loan.

Tags: , , , ,
Posted in Loans | No Comments »

This Guide Is For Those Who Are Seeking Either A Lawsuit Loan Or Lawsuit Funding. (Part 2)

Thursday, February 18th, 2010

In our previous article, we considered many ways that plaintiffs could make a determination as to whether obtaining either a lawsuit loan or lawsuit funding would be appropriate with respect to their lawsuit. In this article, we will discuss additional issues that must be evaluated prior to making a determination as to whether this form of financial-assistance would be appropriate for the particular case in which the plaintiff finds him/herself.

Clients frequently ask if they will be required to sign any documents. It really depends on the funding-entity to which the application may be submitted. (This is contingent on the type of case the plaintiff submits.)

There are funding-entities that do require applicants\’ signatures on the application prior to giving the application serious consideration. On the other hand, there are a number of funding-entities that require no signature on an application prior to making a determination as to whether funding would be appropriate in the applicant\’s particular circumstances.

However, irrespective of the funding-entity\’s requirement when submitting an application, it is important for the plaintiff to realize that prior to advancing any monies if the request is approved, both the plaintiff and his/her attorney will be required to sign documents indicating their agreement with the terms specified in those documents. Prior to signing the requisite documentation, no funding will be advanced.

Individuals contacting our site frequently want to know how much funding will they be able to obtain. Customarily, either a lawsuit funding or lawsuit loan amount will be limited to approximately 10%-15% of the projected value of the case. Most funding-entities will loan amounts of $250 to $1 million. Obviously, the amount that will be funded will be contingent on the case that is presented to the underwriters.

If the plaintiff elects to make the request for lawsuit funding known to the defendant, the plaintiff, upon receipt of the requested funding, may put the defendant on notice that individuals who are experienced in reviewing such matters have reviewed the plaintiff\’s particular claim. More importantly, those experienced individuals have made a determination that the plaintiff\’s lawsuit, at least in the reviewers\’ assessment, is meritorious.

More significantly, upon receipt of the requested funding, the plaintiff is much more likely to be able to continue to pursue the claim. Unfortunately, due to their lack of financial resources, many plaintiffs are forced to abandon their claims prior to reaching a point in negotiations at which they could receive a fair-and-equitable settlement.

The vast majority of clients who submit applications want to know how quickly they\’re going to be able to obtain the requested funding. This is going to be contingent on the type of case submitted for consideration. There are those cases that are classified as \”quick cash\” cases. These cases, frequently involve automobile accidents and plaintiffs who have no other liens that may be placed against the settlement.

Commonly, the greatest obstacle in obtaining a determination regarding an application submitted for either a lawsuit loan or lawsuit funding is the difficulty in obtaining the requisite documentation. It is very important that the plaintiff realize that if the requisite documentation is provided timely, a good broker will get the documentation to the funding-entity best-suited for the client\’s needs and a determination may be rendered as to whether the case will be approved within 72-96 hours. Once a case is approved for funding, the plaintiff will have an opportunity to review the documents for five days to determine whether the terms of that agreement are agreeable.

Once again, there is a great deal of information to know for those who are interested in pursuing either lawsuit loan or lawsuit funding. In our next article, we will discuss additional information that is very helpful to plaintiffs to understand prior to seeking settlement loans. The value of obtaining a pre-settlement loan is worth the time spent with this familiarization process.

Do you think a lawsuit settlement loan is right for you? Would you like to learn more about lawsuit funding? Please visit us today and you may apply online for lawsuit funding and learn more about the benefits of lawsuit funding.

Tags: , , , ,
Posted in Loans | No Comments »

The Following Are The Most Frequently Asked Questions We Receive Regarding Either A Lawsuit Loan Or Lawsuit Funding

Wednesday, February 17th, 2010

Q. \”Exactly how much interest do you charge those obtaining either a lawsuit loan or lawsuit funding?\”

A. This would be a valid question, were the requestor to obtain a loan. However, there is no interest charged when obtaining lawsuit funding because it is not a loan. If it were a loan, it would be necessary for the requestor to repay that loan irrespective of the outcome of the case. However, with a non-recourse advance, if you do not prevail in your case, you pay nothing. It is for this reason that the funding-entities will charge a risk-fee. The risk-fee charged is contingent on the inherent risk in the lawsuit that you present.

Q. \”What is the length of time that it takes to obtain either a lawsuit loan or lawsuit funding?\”

A. A lot of this will depend on the degree to which your attorney cooperates. The broker will send requests for documents to your attorney. If the required information is obtained on the same day that the broker is able to talk to your attorney, you may receive your settlement loan within 1-2 days. Remember, it is very important for you to notify your attorney that you\’re requesting a settlement loan and that you want your attorney to cooperate in obtaining the documentation as quickly as possible.

Q. \”What are the upfront costs?\”

A. No, settlement loans have nothing that the requestor must pay in advance. This is just one of the many advantages of obtaining such financial assistance.

Q. \”If my request is approved, how am I to go about obtaining either a lawsuit loan or lawsuit funding?\”

A. The lender can FedEx a check to you overnight, or the lender can wire the money directly into your checking account for a pre-determined fee.

Q. \”Am I going to have to provide my birth-date and Social Security number when I submit my application?\”

A. No, it will not be necessary for you to provide this information initially. However, prior to receipt of the requested funding, it will be necessary for you to provide both your birth-date and Social Security number to the lender.

Please note that because time is of the essence, a good broker will follow up immediately with you with a phone call to ensure that the law firm with which you want the broker to work has received the Request for Documents. In most cases, the attorneys themselves neither prepare nor submit the paperwork in response to lawsuit funding requests. It is customarily a paralegal or secretary who will both prepare and submit the paperwork to you.

Your broker will need to find out very quickly with whom they need to speak to obtain the requisite documentation. If the paperwork is not received within 1-2 days, a competent broker will follow up with the law firm and request the documents once again.

Do you have an attorney who is not likely to cooperate with the broker? If so, the broker will ask you to assist in obtaining requisite documentation. Remember, the clock is ticking!

If your attorney is particularly uncooperative, a good broker is not going to encourage you to fire that attorney and retain a new one. Irrespective of the broker\’s recommendations, it is important for both you and your attorney to cooperate in this process. If either you or your attorney fails to do so, the likelihood of obtaining either a lawsuit loan or lawsuit funding is significantly diminished.

If your attorney requires you to sign a Release of Medical Records prior to providing requisite medical documentation, the broker will forward the document to you for your review and signature, once you\’ve reviewed the document and signed it, it will be essential for you to forward that a signed document to your attorney as quickly as possible. Additionally, it will be necessary for you to notify the broker that you\’ve done so.

Under ideal circumstances, your attorney will submit the documents following the initial request. Upon receipt of the documents, it will be necessary for your broker to review those documents for completeness. It will also be necessary that the broker determine the funding-entity best-suited to accommodate your funding request. Once that information is obtained, your packet will be submitted to funding-entity for review. If the funding-entity determines that the packet is complete, the entire packet will be submitted to underwriters for consideration. If the facts of your case substantially support your claim, and your request is reasonable, your chances of obtaining either a lawsuit loan or lawsuit funding are very good!

Interested in learning more about lawsuit loans? Please visit us today. There you may learn more about lawsuit settlement loans and even apply online for a lawsuit loan.

Tags: , , , , ,
Posted in Loans | No Comments »

I Am Considering Obtaining Either A Lawsuit Loan Or Lawsuit Funding. How Much Can I Receive? (Part 1)

Friday, February 12th, 2010

Many applicants contact us requesting fantastic sums of money for either a lawsuit loan or lawsuit funding, having no realistic idea of the value of their claim. Actually, one of the true benefits of seeking settlement loans is the fact that the experience gives plaintiffs a true sense of how others, experienced in this process, perceive both the likelihood of prevailing in the particular lawsuit and the anticipated award obtained therefrom.

Of course, there are myriad factors to be considered in each case. Additionally, human behavior may seldom, if ever, be predicted with 100% accuracy. Projections of both likelihood of success and value draw upon vast reserves of experience with similar scenarios.

It is wise to be judicious in assessing your claim\’s true value when seeking either a lawsuit loan or lawsuit funding. Those who seek settlement loans far in excess of their claims\’ true value typically receive little if any assistance from litigation funding experts. Keep in mind that pre-settlement loans are non-recourse (viz., if you lose your case you pay nothing). Therefore, experienced underwriters will review every reasonable facet of your case.

The classification of your claim (e.g., personal injury) will be a very important factor in the speed at which you may obtain a settlement loan. Automobile accident cases are customarily much more straight-forward than breach of contract cases. The more discovery that is required to obtain requisite information in a case, the longer it will take to obtain settlement funding. If you haven\’t begun the discovery process, you are probably better off delaying such requests for funding until the discovery is either well underway or completed. However, many complex cases result in huge awards/settlements. Don\’t get discouraged if you have a complex case and receive numerous requests for additional documentation. This simply means that your case is being seriously considered.

Plaintiffs should not avoid filing for a pre-settlement loan simply because the case is complex. Many of these cases settle for much larger amounts and the funding available is frequently substantially greater. Cooperate with your litigation funding expert and obtain the funding as quickly as possible.

In our next article, we will provide additional information designed to assist plaintiffs in obtaining either a lawsuit loan or lawsuit funding as quickly and easily as possible. Remember, don\’t quit merely because the justice you seek is expensive.

Interested in learning more about lawsuit funding? Please visit us today. There you may learn more about lawsuit settlement loans and even apply online for lawsuit funding.

Tags: , , , ,
Posted in Loans | No Comments »

Are You Considering Either A Lawsuit Loan Or Lawsuit Funding? If So, This Guide Is For You. (Part 1)

Wednesday, February 10th, 2010

The vast majority of plaintiffs who have filed lawsuits are totally unaware of the fact that they maintain either a lawsuit loan or lawsuit funding prior to settling their case. This form of funding may be known as a settlement loan, pre-settlement loan, litigation funding, etc. However, irrespective of the name by which it\’s known, this financial assistance may prove to be a lifesaver!

The intent of this guide was to assist plaintiffs who have found themselves in dire financial straits and in need of lawsuit loans. Review the article, seek guidance from litigation funding experts, and proceed cautiously when pursuing litigation funding. Those who do so are likely to find that the process will go much more smoothly and the financial burdens confronting them will be greatly minimized.

When considering such financial assistance, the first question you must ask is, \”Am I an individual who would be eligible to obtain either a lawsuit loan or lawsuit funding to assist me in pursuing my claim?\” The likelihood of being able to obtain such assistance is very good if you\’re a plaintiff who is pursuing a personal injury suit, whistleblower action, a wrongful termination action, a premises liability claim, a slip-and-fall action, a commercial liability claim, to name but a few.

It is important to realize that prior to obtaining either a lawsuit loan or lawsuit funding, you must retain an attorney. Although this is not always the case, it is extremely rare for pro-se litigants to obtain a subtle loan. Furthermore, if you wish to obtain the pre-settlement loan as quickly as possible, it will be necessary for you to work with your litigation funding expert to locate and submit the documents requested as quickly as possible. Any delay in obtaining the requested documentation is likely to result in a substantial delay in obtaining the financial assistance you seek. (It is important to note that in the vast majority of cases these delays are due to an operative attorney. However, attorneys are beginning to realize the significance is that this form of financial assistance for their clients and are becoming much more cooperative in this process.)

The question still remains, \”Should you pursue either a lawsuit loan or lawsuit funding?\” After you\’ve asked yourself this question, consider the fact that there are many reasons one may wish to obtain such financial assistance. In the vast majority of cases, plaintiffs wish to obtain the assistance merely to be able to continue to pursue their claim. On the other hand, many plaintiffs are in such dire need for assistance to simply be able to meet financial obligations, pay utilities, put food on their tables, etc.

Financial assistance of this nature is possible for myriad cases. Certainly, there are cases that are easier to fund than others. However, the ease with which such financial assistance may be obtained should not be your primary criterion. Those claims that are most likely to produce six-figure outcomes, while worth pursuing, are likely to involve numerous documents that must first be reviewed, multiple factors that must be taken into consideration, and require a significant amount of research prior to making a determination as to whether either a lawsuit loan or lawsuit funding would be feasible.

There is so much that we need to cover regarding this topic and we\’ve really just began. In future articles, we will provide greater detail regarding those things that plaintiffs should do if they wish to obtain either a lawsuit loan or lawsuit funding. Additionally, we will discuss ways in which to obtain the maximum funding that would be appropriate for your particular circumstances. Don\’t get discouraged simply because your opponent is fighting you each step of the way. Remember, it\’s when things get tough that you must not quit!

Interested in learning more about lawsuit funding? Please visit us today. There you may learn more about lawsuit settlement loans and even apply online for lawsuit funding.

Tags: , , , , ,
Posted in Loans | No Comments »

How Much Does Lawsuit Funding Cost?

Saturday, January 30th, 2010

The frequency with which this question occurs by those who visit our site often amazes me. It is the wrong question. The true question is, \”Does lawsuit funding cost or pay?\”

It should be borne in mind that you will not be negotiating your lawsuit in a void. In fact, it is very unlikely that the defendant is going to readily admit liability. Yes, I\’m quite certain that the defendant readily admitted liability at the time the incident occurred. This is a frequent occurrence. However, as an expert witness in more than 100 personal injury cases, I\’ve never encountered this in a case that actually went to trial. At trial, you\’re likely to encounter a reticent defendant. This reticence is what forces plaintiffs to seek settlement loans.

Remember that individual you encountered at the time the incident occurred? Remember, the individual who readily admitted liability. You may be surprised to see how adamantly that individual now denies any liability whatsoever when you begin to pursue that individual for compensation to recover for injuries/damages you sustained. In fact, according to the defendant, it is you, not he/she, who is responsible for the entire incident! (This is why we called it an adversarial system and why lawsuit funding is oftentimes essential.)

You are advised to retain a knowledgeable personal injury legal representative to represent your interests if the case does go to trial. Make no mistake, the defendant, in almost all cases, will be represented by a legal representative who obtains most of his/her revenue from insurance companies. In fact, in many instances, the defense legal representative meets the client for the first time at the courthouse.

The important thing to keep in mind is the fact that the defense legal representative has no concern whatsoever, in almost all cases, about what happens to the defendant. The defense legal representative\’s motives are guided purely by a desire to serve the insurance company\’s interests. Yes, I realize that formally the defense legal representative has the defendant as a client. However, this is designed to preclude making the jurors aware that the insurance carrier, with its millions/billions, is actually \”pulling-the-strings\” behind the scenes. Furthermore, this is why you are frequently left with only two options: (1) either accept a ridiculously low offer to settle your claim; or (2) obtain lawsuit funding to assist with expenses to enable you to pursue the case to the end.

Keep in mind, in most instances, your lawsuit will actually turn out to be against the insurance company. Insurance companies don\’t make money by paying out lawsuits without hesitation. It is the insurance company\’s reputation for denying virtually every lawsuit submitted to it that has created the disdain many individuals have toward insurance companies. It should be borne in mind that neither you nor your legal representative, in the presence of the jury, will be permitted to make any reference whatsoever to an insurance company that may be ultimately on-the-risk to pay the claim. In fact, if you even mention the word insurance company during the trial, the defendant may seek and, in many instances, obtain a mistrial.

Did this article assist you in setting-aside any belief that the insurance company responsible for paying your claim has any interest whatsoever in seeing to it that you\’re treated fairly in the settlement process? If so, it served an important purpose! In fact, the insurance company doesn\’t want to pay you a penny. If this were not the case, you would not have filed a lawsuit in the first place. If this weren\’t the case, your lawsuit would have been settled, in many instances, years prior. It is at this juncture that you are often faced with a decision. Will you accept the unreasonably low offer that the insurance company has placed on the table, or will you obtain lawsuit funding to enable you to meet expenses so that you can pursue your lawsuit to its conclusion?

Still convinced that lawsuit funding cost too much? You should really ask yourself the question, \”Does lawsuit funding cost or pay?\” It\’s your decision!

Do you think a lawsuit settlement loan is right for you? Would you like to learn more about lawsuit funding? Please visit us today and you may apply online for lawsuit funding and learn more about the benefits of lawsuit funding.

Tags: , , , ,
Posted in Loans | No Comments »

Either A Lawsuit Loan Or Lawsuit Funding May Assist You With Expenses After A Car Wreck.

Wednesday, January 27th, 2010

It is important to note that car wrecks are one of the most frequent causes of personal injury in the Country. The standard to which drivers are held is, in most if not all states, the \”negligence\” standard. One should bear in mind that car wrecks continue to be the leading cause of death for individuals in the United States between the ages of the 13 and 19 years. Because of the length of time it takes to obtain a resolution and ongoing expenses in such cases, obtaining a lawsuit loan or lawsuit funding is often essential in allowing plaintiffs to continue to pursue their lawsuit.

It is a crime to flee the scene of an accident if an injury is caused to a person, animal, or real property. Unfortunately, this is a common occurrence. If you are the victim of a hit-and-run incident, you\’d be wise to write down every possible detail and attempt to remember as much information regarding the other vehicle and/or occupants as possible. You should also be diligent in reporting this information to authorities as quickly as possible. If you fail to do so, you may find that it is you who is identified as responsible party for damages caused.

It is true that most car wrecks occur as a result of negligence and/or a momentary lapse of attention. Additionally, some are caused by careless behavior. Increasingly, car wrecks are being caused intentionally for monetary gain it. These \”staged accidents\” are often undertaken with no regard whatsoever to the individuals\’ lives. When \”staged accidents\” occur, one is dealing with both a criminal and civil matter. It will be up to the prosecutor to pursue the individual criminally. It will be up to you to pursue the individual in a civil court. Once again, due to the protracted nature of these proceedings, lawsuit funding may prove to be an extremely powerful ally to you as you pursue your cause of action.

When one considers the gravity of the situation, it is sobering to realize that car wrecks are the leading cause of death for teens between the ages of 13 and 19. It is also significant to keep in mind that approximately 2/3 of those teens are not wearing seatbelts at the time of the collision. Statistically, in excess of 90% of all car wrecks occur as result of human error.

It is tragic to realize that two thirds of the teens who die in car wrecks die unnecessarily, needing only to have buckled their seatbelts. Additionally, a large number of these injuries could be mitigated simply by incorporating two things: (1) wearing seatbelts; and (2) paying attention while behind the wheel. Every individual who sits behind a steering wheel of a moving vehicle is required, by law, to \”maintain a safe and proper lookout.\”

Have you sustained injuries as a result of another driver\’s failure to exercise due-diligence while driving? If so, you may find yourself in need of either a lawsuit loan or lawsuit funding to assist you with financial-expenses that continue to mount each and every day. If you\’re successful in obtaining such funding, you\’ll often find that circumstances that once appeared bleak now appear quite manageable. Individuals cannot help but be relieved when they realize that they can now pay their mortgage, put food on their table, pay their utilities, etc. There are many individuals who would attempt to discourage you from obtaining a settlement loan. However, you are encouraged to carefully consider this option for yourself. If you do evaluate your circumstances carefully, you may find that this form of financial assistance is exactly what you need!

Looking for more information regarding a lawsuit loan? Please allows us to provide more information about lawsuit settlement loans. Visit us today and you may either apply online for a lawsuit settlement loan or review our lawsuit loan frequently asked questions archive.

Tags: , , , ,
Posted in Loans | No Comments »