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Money for Lawsuits
"See you in court," can often mean see you in several months or
even a few years. While a personal injury, automobile, medical
malpractice, product liability, commercial litigation or similar
case goes through the legal system, neither the plaintiff nor the
plaintiff's attorney see any money until the case settles-the plaintiff
and his or her attorney either reach an out-of-court settlement
or they win the case. Providing money
for lawsuits to plaintiffs (both individuals and businesses)
and attorneys is a relatively new concept. Advancing money for
lawsuits is known as "legal finance" or " presettlement
funding ." A portion of the projected recovery is advanced
to the victim and/or his or her attorney to cover expenses.
Money advanced against lawsuits is non-recourse financing. That
means that the funds advanced to a plaintiff or attorney against
the future proceeds of a lawsuit are only repaid if the case is
won or a settlement is reached between the plaintiff and the defendant.
If the case is lost, the company that advanced money against the
lawsuit forfeits those funds!
Money for
Lawsuits enables victims of personal injury accidents, automobile
accidents, industrial accidents, medical malpractice, product
liability, commercial litigation and similar cases to receive
money against the future proceeds of their lawsuits months or
years before the case settles. LawMax ( www.fundmycase.com )
is a pioneer in legal finance or pre-settlement funding, having
provided thousands of cash advances to lawsuit plaintiffs since
1999. Money advanced against a lawsuit is often the only alternative
for a plaintiff in financial distress. Often unable to work,
and with bills piling up, applying for up-front money against
his or her lawsuit keeps a plaintiff's head above water, and
is sometimes the only alternative to homelessness!
Money can also be advanced to attorneys involved in lengthy lawsuits
and in need of cash to cover the costs of running their law practices.
When LawMax receives an application for money against a lawsuit,
a decision is usually made within 24-48 hours of receiving all
required documentation. Both plaintiffs and attorneys can apply
for money against their lawsuit settlements on-line at www.fundmycase.com
or they can call 877-788-CASH. After a plaintiff applies to LawMax
for money against a lawsuit, an underwriter at LawMax contacts
the plaintiff's attorney to request the documentation needed to
evaluate the plaintiff's request.
Once a lawsuit advance is approved, a contract is sent to the
plaintiff's attorney. The plaintiff must sign the contract for
the money advanced against his or her lawsuit, and the plaintiff's
attorney must acknowledge the agreement because it is the attorney
who will repay the advance when he or she distributes funds from
the final settlement of the lawsuit.
Visit www.fundmycase.com to get more information about receiving
money for a lawsuit using non-recourse legal finance.
About the Author
Alec is a well known author and has been writing content for Lawsuit
Advances as a Loan service to fight your legal case for so many
years. His content is worth reading as it gives you an insight
about different aspects of availing this service. For more information
visit "www.fundmycase.com" |