Lawsuit Funding – Legal
Lawsuit Funding
Lauren Lipcon
Lawsuit funding, also known as pre settlement cash advances, are a form of non-recourse funding that has become a popular service in the past few years. Injured clients all over the United States can use this service to get cash for their lawsuit now. Funds advanced can be used by the client for any immediate financial pressures including mortgage payments, credit card bills, to get out of debt, car payments and more.
Obtaining a cash advance on a pending settlement or lawsuit is a quick and simple process. If you have been seriously injured in an accident and are represented by an attorney, just contact a pre settlement funding company like Injury Funds Now http://www.injuryfundsnow.com to apply. The funding company will review your case file and contact you with the results of their review. If you accept the offer, a portion of your potential settlement is advanced in return for a percentage of the anticipated recovery. Injury Funds Now http://www.injuryfundsnow.com probably has the fastest turn-around time in the industry and will have an answer for you in just 24 hours; they will even wire funds directly into your bank account the very same day.
Lawsuit funding companies offer cash advances solely on the merits of the case. There are no credit checks and the person applying need not be employed. If the case makes a successful recovery, the money advanced plus a previously agreed upon fee are paid out of the case proceeds. If the case loses, there is no fee and the funds do not have to be repaid so this is a 100% risk free service. This also makes the service very risky for the funding company and as such rates and fees vary dramatically between each company, so choose wisely. Many companies charge hidden fees such as closing costs, application fees and more. They offer what appear to be very low rates, but when the hidden fees are added on and the rates are compounded every month, it can get quite high. Injury Funds Now http://www.injuryfundsnow.com is does not use compounding or have any hidden fees. They even have a flat rate program by which you will know what amount you will have to pay back upon a successful recovery before even accepting their offer.
Other than taking care of a client