Very few people are aware of the fact that they can apply
for lawsuit cash advance while waiting for the settlement of their lawsuit in
the court. With this money, you can pay for your everyday expenses such as
legal fees, medical bills and mortgage loan and other expenses that require
immediate payment. The best part is that you don't even have to repay the money
if you lose the case in the court. It is completely a win-win situation.
Funding For Lawsuit |
There are plenty of lending companies that offer this kind
of services and you will be surprised to see the search results. Lawsuit cash
advance is also known with various other names such as lawsuit settlement funding, pre-settlement cash advance, and
others.
Implying that one needs to pay the money back only if he
manages to win the case this type of cash advance is non-recourse in nature,
otherwise to the lending company he owes nothing. The process of applying for a
lawsuit cash advance is quite simple. Complete an online application provided
by the lending firm, with complete description of your case and lawyer's
information. The lending firm will then send you a release form to sign, which
will authorize your lawyer to release the information of your case to the
lending company.
Without lawsuit loan, you may be forced to accept less than
what you really deserve, most probably an amount which will not cover your
medical expenses. With litigation funding, you can have the money required to
pay for medical bills upfront, and you will be able to wait for fairer lawsuit cash so that you can pay back
the rest of medical expenses after the case is settled.
After you have submitted the required documents,
they will review your case, evaluate your chances of winning the case, and then
decide whether or not you are eligible for the lawsuit loan. The approval of
application depends only on the strength of the case, and it has nothing to do
with your credit record. There are no employment verifications and credit
checks at all, which means you can apply for the cash advance even if you have
a bad credit history.
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