Origination of new legal funding business usually comes in two forms. Either the client contacts the lawsuit loan company or a lawyer refers one of his clients who need immediate cash against his/her case. Attorney referrals are the ideal way to secure funding because the referring attorney usually understands the ...
August 5, 2016
In the last installment, we discussed how fostering a working relationship with a reputable lawsuit funding company can prove to be a valuable asset for your firm. Since each lawsuit is unique, attorneys often require flexibility from a lawsuit funding company to provide much needed liquidity for clients. These funds ...
In the last post, we discussed how an unregulated lawsuit funding market allows for increased flexibility and touched on how that flexibility may be able to help attorneys and their clients in the realm of pre-settlement funding. The post also touched on an approach which, if implemented correctly, allows ...
Critics of lawsuit loans see the industry as preying on an unsuspecting group of desperate plaintiffs. Some even call the business of providing upfront cash to litigants prior to settlement "lawsuit loan sharking". These same critics deem the ...
Lawsuit Funding - The Advantages of this Financial Life Line In uncertain financial times, many individuals face money problems because they are unemployed, living above their means or any other of the many reasons to be needing additional cash. ...
Lawsuit Funding Case Types from Fair Rate Funding The legal system is designed to resolve disputes between parties. As the potential for dispute is part of what makes us human, there are a wide variety of lawsuit types. Unfortunately for plaintiffs, not all lawsuits are candidates for lawsuit funding. Below are ...
Lawsuit settlement funding companies field hundreds of questions each day. One frequent question asked by plaintiffs is “Why do lawsuits take so long to finally a settlement?” Of course, there may be many reasons. One major reason relates to the complexity of litigating a personal injury lawsuit. Indeed, both plaintiffs and ...
Settlement Loans Help ATV Accident Plaintiffs
Sometimes it is appropriate to get down to basics when analyzing an issue. Although we have written extensively about the pre settlement funding business and how the market players are simply filling an existing need, what is rarely discussed is why there is a need in the first place. The ...
At Fair Rate Funding, we process over one thousand inquiries each month. Our clients request funding amounts ranging from $1000 to $400,000. Also, we routinely receive applications for lawsuit funding amounts of less than $1,000. Although some plaintiffs with "heavy" cases may only need a few bucks, the majority of ...