Settlement Loans - Cash against Your Pending Lawsuits

Settlement loans are not actually loans for legal purposes. These are, in fact, non recourse pre-settlement fundings which are provided by the settlement loan companies to those who have pending lawsuits.

The aim of providing settlement loans is to help the litigants meet financial obligations till their cases are settled. The cash advance is given by the funding companies for a variety of lawsuits such as wrongful termination, personal injury, medical malpractices, legal malpractices, worker's comp, commercial litigation, false imprisonment, product liability, etc.

The legal funding is non recourse that means the litigant will repay the settlement loan company only if he wins the lawsuit and if in case he loses the case, then he will not owe anything to the company. The plaintiff will pay the advance and the fee out of the settlement amount.

Non Recourse Pre-settlement Funding

In order to be eligible for the settlement loans, plaintiffs must have a pending lawsuit and must be represented by an attorney. The funding companies usually contact the attorney of the plaintiff and discuss the case to know the estimated settlement value.

If the companies find that the case can be won then they immediately fund the plaintiff within 24 hours. This cash advance really helps the plaintiff during hard times when the person is unable to work or he has no other source of income.

He can use the cash for buying groceries, paying medical and legal bills, handling day-to-day expenses, etc. The settlement loan companies do not interfere in any matter, they are least concerned about how the plaintiff spends the money.

Settlement Funding with in 24 Hours

Legal Funds Now is one of the best settlement loan companies that offers to provide cash advance in just three working days. The company offers litigation funding up to $500,000 depending on the expected lawsuit amount.

The company follows a quick and easy process. The applicant fills a simple online form and the company representatives analyze the application. They contact the attorney mentioned in the form and discuss the case with him/her. If the case is genuine and has potential to win then the company offers funding within a day.

This loan is non recourse and the company does not charge any upfront charges, origination and monthly fee from the plaintiff. Whatever is to be paid to the company is paid after the settlement is reached. The company provides cash advance without verifying the credit history and the employment status of the plaintiff. To know more about the company, visit http://www.legalfundsnow.com

QUICK & SIMPLE PROCESS

Contact Us4912 Creekside DriveClearwater, FL 33760

Phone: 1-866-540-2001 http://www.legalfundsnow.com

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