Why 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...
DetailsBennys – At the Jersey Shore
Bennies Visit the Jersey Shore Fair Rate Funding is proudly located on the Jersey shore in central New Jersey. Yes, central Jersey is a thing. What is also a "thing" is locals referring to visiting vacationers as "Bennies" or "Bennys". Because we are in the middle of the summer, and also located "down the shore", we investigate the origins of the term "bennys", why it is used and di...
DetailsLegal Loansharking – A Look at Lawsuit Funding
Looking at the Profitability of Legal Loansharking Lawsuit funding (lawsuit loans, case advances, settlement funding loans, etc.), are specialty finance transactions where plaintiffs receive a portion of their future lawsuit proceeds prior to the cases' final resolution. Legal loansharking is a term some opponents use to portray the industry in a negative light. Opponents ofte...
DetailsHow to Qualify for Settlement Funding
Qualify for Settlement Funding Easily Settlement funding is a specialty niche in finance which offers immediate support to plaintiffs while they wait for their lawsuits to progress through the legal system. In this post, we examine how to qualify for settlement funding. What Settlement Funding Is Understanding what settlement funding is can help you to qualify for settlement...
DetailsHow Do Lawsuit Loans Work?
Lawsuit Loans Work to Provide Justice Lawsuit loans are a relatively new specialty financial product in which plaintiffs sell a portion of their future settlement proceeds in advance. In return, lawsuit lenders receive an agreed upon amount of the settlement in accordance with the lawsuit loan contract terms. In this post, we look at how lawsuit loans work and what benefit they provi...
DetailsLawsuit Discovery Phase
Lawsuit Discovery Phase in Civil Cases The steps of a civil lawsuit are pretty straightforward. The majority of civil cases begin with the filing of a complaint. This begins the journey in the litigation process. One step in the proceedings is the "discovery phase". This is when the parties to a lawsuit exchange relevant information with each other. In this post, we examine the la...
DetailsReasonable Lawsuit Funding
What is Reasonable Lawsuit Funding? When we talk about reasonable lawsuit funding and what it costs, we are really discussing how lawsuit loans help plaintiffs meet their obligations in their time of need. After all, the truth of lawsuit loans is to support plaintiffs while their cases are litigated. Any discussion of reasonableness must weigh monetary costs with the utility lawsuit...
DetailsExpert Witnesses and Lawsuit Funding
How Expert Witnesses Help Lawsuit Funding Expert witnesses may not be a part of every civil case. Yet their value cannot be overstated. In this post, we examine expert witnesses and how expert witness testimony can help with lawsuit funding. The Use of Expert Witnesses in Civil Cases One can imagine a regular automobile accident case where one party runs a red light and cra...
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