Lawsuit Loans and Settlement Funding - Help When You Need It

Feb. 25, 2009 - PRLog -- Most people that aren’t in the legal field don’t understand the concepts of lawsuit loans and settlement funding.  If you are thinking of filing a lawsuit but don’t believe you can withstand the lengthy litigation process, the information in this article will help you understand how you can pursue your case.  You deserve compensation, and you can afford to fight for it.

First of all, the words lawsuit loans are a little misleading to most average people.  This isn’t actually a loan, it is a cash advance that is based upon the value of your case and if you do not win your case you owe the lawsuit funding company nothing. Lawsuit loan approval is unique and you do not have to jump through the hoops that standard loan companies make you jump through.  There are no credit checks and no employment checks.  The amount advanced is based strictly on the merits of your case.
Who is eligible for a lawsuit loan?  People who have been injured and are expecting a settlement of from the insurance company.  If you are having trouble making ends meet financially, paying medical bills or household bills necessary for you and your family to live, you should consider pre-settlement funding.  It can ease your stress and let you focus on recovering from your injuries and will allow your attorney to get the most for your case.

Most lawsuits drag on for an extended period of time.  In between the time of the accident and your lawsuit settlement, you may need settlement loans to cover costs like those mentioned above.  If your case is against a large company, it could actually take months or even years for the case to be settled, because large companies have deep pockets.  They will extend the case for as long as possible in the hopes that you will settle for a lesser amount.

Have you filed a lawsuit against someone who has caused you injury?  If your financial worries have you considering settling your claim early, and not getting fully compensated for your injuries,  there is help available.  Litigation funding loans may be the answer for your particular situation.

Joel McLaughlin
Learn more about injury lawsuit loans & pre-settlement funding at http://www.addisonpsf.com

Read the original article at http://pre-settlement-loans.com/2009/02/lawsuit-loans-and...

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