Oct. 20, 2012
-- New York, New York - August 11, 2013- Legal-Bay.com, The Lawsuit Settlement Funding Company, announced today one of the first programs in the Legal Funding Industry to assist residents of North Carolina and Colorodo with Lawsuit Funding. However, in both cases the funding amounts must be above a certain threshold to even be considered due to regulatory guidlines.
Residents of NC can apply for minimum amounts of $25K in lawsuit settlement funding and Residents of CO can only apply on amounts of $75K or more. Most lawsuits will not qualify for this, but if a plaintiff has a very strong claim Legal-Bay.com has affiliated investor programs that will consider pre-settlement funding in these cases.
Patty Kirby, Head of Client Relations, commented on the regulatory change, "although we are not actively funding in these jurisdictions ourselves, we do have affiliated investors who we are referring these cases to. We pass no regulatory judgment on the matter and only receive a referrral fee for clients in North Carolina and Colorodo who need these services."
Plaintiffs in NC or CO who fit into the above criteria who need lawsuit funding can fill out a pre-application online at: Legal-Bay.com or call toll free 877.571.0405 where an experienced funding agent can discuss your situation specifically.