Auto Insurance Coverage Types
Understanding Auto Insurance Coverage Auto insurance is a crucial financial safeguard for drivers, providing protection in the event of accidents, theft, or other unforeseen circumstances. However, not all auto insurance policies are created equal. There are various types of auto insurance policies designed to meet different needs and budgets. Understanding the different types of auto ...
DetailsAttorney – Lawsuit Funder Relationships
Attorneys - Build a Relationship with a Funder As attorneys, you appreciate thoroughness because the outcome of a case may hinge on a particular fact. You also know that being thorough takes time. After all, time is essentially the attorney’s inventory to sell. Understanding that each minute has value is one of the first lessons young attorneys learn if they want to be truly successf...
DetailsAre Lawsuit Loans Taxable?
Understanding the Tax Implications of Lawsuit Loans Lawsuit loans, also known as litigation funding or pre-settlement funding, provide financial support to plaintiffs involved in pending legal cases. Legal funding loans are designed to help cover living expenses during an often lengthy legal process. However, one common question that arises among lawsuit loan recipients is whether thes...
DetailsBurden of Proof in Negligence Cases
Plaintiffs' Burden of Proof in Negligence Cases Briefly Explained Negligence cases are plentiful and are the bread and butter of civil litigation. These cases seek to compensate plaintiffs harmed by someone's failure to exercise reasonable care. At the heart of every legal proceeding lies the concept of burden of proof — outlining what a party must prove to be successful at trial. ...
DetailsFall Lawsuits – Temporary vs. Static Conditions
Slip and Fall Lawsuit Liability Can Depend on Conditions Slip and fall incidents are more than just minor mishaps; they can lead to serious injuries, legal actions, and significant financial implications. A common factor in slip and fall lawsuits concerns classifying the condition(s) which caused the fall. Understanding the distinction between temporary and static conditions is crucial...
DetailsMost Common Lawsuit Loans – Top 3
Most Common Lawsuit Loans All lawsuit loan types are not created equal. In this post, we examine the 3 most common lawsuit loans in our 15+ years in the business. Common Case Types in Civil Court Lawsuit loans are transactions which transfer a portion of a future settlement in civil actions, which are disputes between private parties. Civil lawsuits can include a wide varie...
DetailsSettlement Funding Different from Loans
How is Pre-Settlement Funding Different from Regular Loans As you know, settlement funding seeks to level the playing field between well financed insurance companies and often under capitalized individual plaintiffs. The idea is to allow plaintiffs to refuse less than fair settlement offers simply because they are in a cash crunch. Pre-settlement funding is different from regular loa...
DetailsWhy Lawsuit Settlements Make Sense
Why Lawsuit Settlements are in Everyone's Best Interests Most civil lawsuits involve 4 or more parties. In the most common case, there is a plaintiff (the party that was allegedly "wronged"), the defendant (the party allegedly responsible for the "wrong") an insurance company covering the loss and the court system itself. In this post, we discuss why lawsuit settlements make sense an...
DetailsMax Amount Lawsuit Funding Available
What is the Max Amount of Lawsuit Funding Available? We are often asked, "what is the max amount of lawsuit funding available for my case?" In this post, we answer this question to the best of our ability, understanding full well that the answer always "depends" upon a variety of variables. Rules about the Max Amount of Settlement Loans There are no written rules regarding t...
DetailsLawsuit Loans and Credit
Will Lawsuit Loans Hurt My Credit? Lawsuit loans are financial transactions that assign a portion of a future lawsuit settlement in exchange for immediate cash. We often are asked, "will applying for a lawsuit loan affect my credit?" In this post, we examine lawsuit loans and credit scores. Traditional Loan Requirements When someone is in a financial bind, they look for sou...
Details
