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Lawsuit Funding Bridges the Gap

Lawsuit funding bridges the gap between the personal injury victim’s immediate need for cash to pay living expenses and cover other costs, and the several months – or years – it will take for the personal injury claim to settle. Lawsuit funding is a unique financial service that addresses the special needs that plaintiffs in personal injury lawsuits have while they wait for their lawsuits to be resolved.

Most personal injury attorneys represent their clients on a “contingency” basis. That is, the attorney takes no money from the client, but is paid “contingent” on the outcome of the lawsuit. The is attorney is paid out of the settlement he secures for his client, and only if he is successful – he either goes to trial and wins, or he reaches a settlement with the defendant. Should the attorney fail to secure a settlement, he receives no payment for his services, and he cannot recover his expenses. And the client owes nothing!

Lawsuit funding works in a similar fashion. The lawsuit funding company is only repaid when – and if – the lawsuit goes to trial and the plaintiff wins, or the attorney secures an out-of-court settlement for his client. The lawsuit funding company is repaid by the attorney when he disburses the proceeds of the settlement, and that is why there are no monthly payments.

Among all financial services, lawsuit funding is unique because there is no credit check and no employment verification. That’s because repayment of the funding is not based on the applicant’s ability to repay it from his or her regular income, but on the validity and strength of the legal claim.

And...since there is no application fee or any other up-front fees, there is no risk in applying for lawsuit funding! 

To find out how much you can receive in funding for your lawsuit, apply online or call us at 888-359-3002.

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