What is a Letter of Protection (LOP)?
Letters of Protection - What You Need to Know An LOP is an acronym for Letter of Protection often given by personal injury attorneys in return for services performed for their clients in anticipation of settlement. This post will discuss letters of protection, what they are, why they are used and how they compare with other options available in the marketplace. Letter of Prote...
DetailsLawsuit Loan Delays – Causes, Concerns and Remedies
Understanding Delays in the Processing of Lawsuit Loans Many companies advertise same day lawsuit funding. Yet lawsuit loan delays are often misunderstood. This post will discuss lawsuit loan delays, why they occur and how to avoid them. Lawsuit Loan Industry Basics The lawsuit loan industry is a complex business providing immediate cash now in return for a portion of the...
DetailsUnderstanding Lawsuit Loan Information
Lawsuit Loan Information – What is Needed? You already know the answer. . . It depends! What does it depend on? The lawsuit loan information needed depends on: Type of CaseStage of the ProceedingsAnd a host of other factors, depending on the answers to 1 and 2. What You Really Want to Know About Lawsuit Loan Information For your typical lawsuit loan, such as ...
DetailsSettlement Loan Myths – Don’t Be Fooled
Exploring the Top 3 Settlement Loan Myths Settlement loan myths pervade the legal landscape perhaps mostly because settlement loans have many critics. Most oppose lawsuit funding to promote their own agendas such as tort reform, a reduction in insurance claims or restricted access to the judicial system. Because of this, it is necessary to dispel some common settlement loan myths. ...
DetailsPersonal Injury Settlement Loans and Inflationary Concerns
Inflation to Hit Personal Injury Plaintiffs Hard There is no shortage of news these days regarding an overall increase in price levels throughout the economy. Prices for essentials such as gasoline, groceries and other items have increased dramatically in the last 12 months. Personal injury settlement loan customers can expect the same to continue. In response, the government ...
DetailsSettlement Loans Same Day
Same Day Settlement Loans Lawsuit loan companies advertise settlement loans on the same day the plaintiff applies for assistance. While same day settlement loans do occur, most lawsuit loans are funded within several days of application. Below we discuss the ability of applicants to secure settlement loans the same day as they first apply. People use same day settlement loa...
DetailsThe Purpose of Settlement Loans
Justice is the Purpose of Settlement Loans In this post, we try to pinpoint the purpose of settlement loans. Imagine trying to win a race to see who can chop down a tree the fastest. On one side, you stand with an axe. You have your muscles, a body full of energy and your determination. As you prepare for the race, you glare down at your opponent to psych him out.&...
DetailsTop 5 Personal Injury Law Firms in New Jersey for 2019
At Fair Rate Funding, we provide plaintiffs and their attorneys the means to endure a sometimes long, drawn out litigation process. We’ve been in business for 12 years and have seen thousands of cases during that time. That experience, and because we are legal professionals ourselves, gives us a unique insight into the personal injury game. In this article, we discuss t...
DetailsHow Long Does It Take to Get a Lawsuit Loan
Lawsuit loans are financial deals in which a plaintiff in a lawsuit (usually a personal injury lawsuit) is advanced money prior to settlement. How long does it take to get a lawsuit loan? The answer depends on a variety of factors. The two parties to a lawsuit loan transaction are a plaintiff and a lawsuit funding company. The plaintiff must have a legitimate claim an...
DetailsLawsuit Funding for Medical Treatment – A Little Can Go a Long Way
Lawsuit Funding for Medical Expenses – A Quick Example Lawsuit loans are often used to pay for medical expenses such as surgical procedures and/or imaging studies. This makes sense since lawsuit funding for medical expenses is a primary use for settlement advance proceeds. The mission of lawsuit settlement funding is to assist personal injury and other plaintiffs who require imme...
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