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 ... Read More
28
Jul2017
05
Aug2016
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 ... Read More
28
Jul2016
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 ... Read More
31
Mar2016
Lawsuit Loan Regulation – Evaluating Costs?
March 31, 2016
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 ... Read More
16
Feb2016
Soft Tissue – Lawsuit Funding for Smaller Cases
February 16, 2016
Soft tissue lawsuit funding makes up a great deal of the lawsuit funding industry. A large percentage of applicants only apply for a small funding, sometimes less than $1,000. While it may be true that even plaintiffs with ... Read More
01
Feb2016
Lawsuit Funding – Lien Priority in Underwriting
February 1, 2016
Lawsuit funding, also known as settlement funding or lawsuit loans, are financial transactions in which the plaintiff of a lawsuit sells part of the future proceeds of the case, if there are any. The plaintiff assigns by contract ... Read More
12
Nov2015
Advantages of Lawsuit Funding Transactions
November 12, 2015
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. ... Read More
29
May2015
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 ... Read More
04
Jun2014
Settlement Loans Help ATV Accident Plaintiffs
21
Jan2014
Lawsuit Funding Solves an Existing Problem
January 21, 2014
Flaws in Legal System Give Rise to Lawsuit Funding
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 ... Read More
29
Oct2013
Lawsuit Settlement Loans – Top 5 Things You Should Know
October 29, 2013
Lawsuit funding is the process of advancing money to plaintiffs in return for a portion of the proceeds of their lawsuit. The money can be used to fray the costs of litigation or to pay for daily expenses while the matter is litigated. Below are the top 5 things applicants ... Read More
04
Sep2013
Lawsuit Funding NJ of Soft Tissue Cases
September 4, 2013
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 ... Read More