The mission of lawsuit funding companies is to provide cash now to plaintiffs who cannot afford to wait out the sometimes long and drawn out litigation process. For many litigants, lawsuit funding companies provide enough relief so they are not forced to accept a lesser settlement offer for financial reasons.
One ... Read More
13
Sep2018
07
Sep2018
Lawsuit Loans In “No-Fault” States
September 7, 2018
Lawsuit loan companies receive applications for a wide variety of lawsuits. By far the most common lawsuit funding transactions involve automobile accidents. Since many of the most populated states have "no-fault" insurance laws, lawsuit loans in no-fault states represent a large amount of advances processed industry wide.
This post will discuss ... Read More
28
Aug2018
What About Lawsuit Funding Regulation?
August 28, 2018
What Does Lawsuit Funding Regulation Cost?
Much has been written about the efforts of certain “citizens” groups calling for lawsuit funding regulation. Critics point to “usurious” rates charged to clients who enter into lawsuit funding transactions. These arguments prey on readers’ sensibilities and serve to support the knee jerk reaction of ... Read More
16
Aug2018
On occasion, we are asked what benefits a lawsuit settlement funding company can offer personal injury attorneys whose clients need of lawsuit settlement funding. That is, clients who have an immediate need for cash but who have already exhausted or otherwise do not have other avenues of cash currently available ... Read More
09
Aug2018
Settlement Loans and the Doctrine of Champerty
August 9, 2018
Settlement loans are sometimes called "lawsuit loans" by the public. Unlike a real "loan", settlement loans are typically structured as an assignment of the future proceeds of a successful lawsuit, if any. Over the years, transactions which involve third parties’ entitlement to the lawsuits of others have been treated in ... Read More
02
Aug2018
Lawsuit Cash Advance Funding – Sharing the Contingency
August 2, 2018
Those seeking lawsuit cash advance funding for their personal injury case should understand that personal injury lawsuits are unique in the legal world. They are among only a few types of cases in which attorneys are retained on a contingency basis. That is, the attorney only gets paid for his ... Read More
26
Jul2018
In our last article, we spoke in detail about the pre settlement loan business as it relates to managing investor’s money. We discussed how money management strategies can help minimize losses for the enterprise. In this post, we will discuss an important cause of underwriting losses. Later we will discuss ... Read More
17
Jul2018
Managing Lawsuit Funding Investments
July 17, 2018
These articles are intended to educate the reader on lawsuit funding as investments. This post will discuss money management as it relates to the lawsuit funding investments.
Cost of Money Affects Investor Returns
In any business, investors seek a return on capital larger than they could otherwise obtain and in accordance with their risk ... Read More
10
Jul2018
Lawsuit Funding Regulation
July 10, 2018
The lawsuit loan is a financial transaction wherein a company advances money to an individual involved in a civil lawsuit but who is still waiting for the matter to be concluded. In other words, the plaintiff gets money now and he/she assigns a portion of the case’s ultimate recovery. The ... Read More
03
Jul2018
Attorneys Benefit from Lawsuit Funding
July 3, 2018
The lawsuit funding business exists to offer clients the ability to financially withstand the litigation process. The purpose of this article is to explore the ways in which lawsuit funding benefits attorneys.
Helping Clients
Because personal injury cases involve very serious medical conditions, plaintiffs frequently are unable to work. This obviously creates ... Read More
26
Jun2018
Loans vs. Lawsuit Loans – What’s the Difference?
June 26, 2018
Lawsuit funding is the the advancing of money in anticipation of a favorable settlement in civil court. The term lawsuit funding is also known as lawsuit loans, settlement loans, or case loans. Although the term “loan” is often used to describe these transactions, lawsuit funding arrangements are not loans. ... Read More
19
Jun2018
Auto Accident Lawsuit Funding Analysis
A litigation loan occurs when a lawsuit funding company offers a cash advance against the future proceeds of the case. In other words, a plaintiff receives cash now in return for money if and when the case is successful. In this post we examine the preference ... Read More
05
Jun2018
Attorney Cooperation in Lawsuit Funding
June 5, 2018
When a plaintiff obtains a lawsuit cash advance, otherwise known as pre-settlement funding, case loan companies require the signature of the attorney to finalize the transaction. Attorney cooperation in the lawsuit funding process is the single most important factor in obtaining cash now for your case. Below is a list ... Read More
31
May2018
Lawsuit Loans for Medical Malpractice Cases
May 31, 2018
Lawsuit loans for medical malpractice cases are routinely offered by legal funding companies. The underwriting of these cases however, is often much more complicated than the standard negligence case. This post will attempt to identify some things to remember when attempting to secure a lawsuit loan for a medical malpractice ... Read More
24
May2018
Liens – Pre-Settlement Funding Concerns
May 24, 2018
The overall purpose of these posts is to inform identify and explain various issues involved with securing pre-settlement funding on a pending lawsuit. Plaintiffs and their attorneys are usually very confident in the merits of the case. However, various issues routinely arise when attempting to quantify the risk associated with ... Read More