Cape May Lawsuit Loans Help Plaintiffs
Cape May lawsuit loans bridge the financial gap between filing a lawsuit and receiving compensation. Also known as lawsuit funding, these specialty financial transactions allow plaintiffs to wait out the legal process and obtain just settlement amounts.
More About Cape May County
Cape May County is New Jersey’s southern most county and borders Atlantic and Cumberland Counties. Cape May County ranks second to last in population in NJ with just under 100,000 residents according to the 2020 United States Census. However, Cape May County attracts vacationers from New Jersey, Delaware, Maryland, Pennsylvania and Canada during the tourist season. It is estimated that the Cape May County summer population exceeds 750,000 in any given year.
The county seat, Cape May Courthouse is the location for county offices and the Superior Court of New Jersey, Cape May County. In Lower Township, Cape May County, you will find the Jonathan Pyne House. Built in 1694, the structure is the oldest building in Cape May and is listed in the National Register of Historic Places.
Cape May began drawing visitors in the mid 1700’s. By the mid 1800’s it became known as one of the finest resort areas in the United States. Traveling mostly by train, beach goers visited Cape May to escape the heat and bustle of Philadelphia and other urban areas.
Yet not all visitors are beach goers. World renowned for its Victorian architecture, Cape May visitors enjoy these beautiful structures for their aesthetic value. Moreover, many of these old Victorian homes now operate as bed and breakfast inns adding to the experience. In 1976, the entire city of Cape May was designated as a National Historical Landmark. It is the only city in the US that is entirely designated as a historical landmark.
Cape May Lawsuits and Funding
The extension of the Garden State Parkway down to Cape May in 1959 allowed more visitors to arrive by automobile. As the population increased, so did the accidents. This trend continues to modern times. For example, the NJ Department of Transportation noted that Bergen County had over 2,000 crashes in 2020. Further, increased pedestrian traffic can also increase the danger of pedestrian accidents, slip and falls, and other accidents.
Where there are accidents, there are injured parties seeking compensation with negligence lawsuits. Thankfully, our society puts these safety nets in place to protect those who are injured through no fault of their own. The bad news is that lawsuits can take more time than expected and many must wait years before any relief is secured. The situation causes some plaintiffs to struggle financially. This is especially true if their injuries prevent them from working.
Insurance companies, which mostly represent defendants in these lawsuits, understand the situation and often use it to their advantage. By offering less than fair compensation, these insurers hope the financial stress will motivate plaintiffs to accept these low-ball settlement offers simply to ease immediate financial concerns.
Cape May lawsuit loans offer a potential solution to this problem.
What is a Cape May Lawsuit Loan?
Cape May lawsuit loans are advances on future settlements. They were designed to help plaintiffs access the value of their cases prior to settlement. Structured as a sale of future settlement proceeds, lawsuit loans allow plaintiff attorneys to pursue justice properly and thoroughly – without the additional stress of a plaintiff who is desperate for cash.
Lawsuit loans are specialty financial transactions. They are not actually “loans” in the traditional sense since repayment is contingent upon a successful outcome. That is, if the plaintiff doesn’t win the case, the advance is not repaid.
If you want to learn more about lawsuit loans, give us a call or simply browse around this website. Here you will find answers to frequently asked questions regarding Cape May lawsuit loans.
If You Have Any Questions, Call 888-964-2224
WE ARE HERE TO HELP YOU!
Cape May, NJ Municipalities
Cape May County consists of 16 municipalities. Cape May County lawsuit loans are available in the following areas:
- Avalon
- Cape May
- Cape May Point
- Dennis Township
- Lower Township
- Middle Township
- North Wildwood
- Ocean City
- Sea Isle City
- Stone Harbor
- Upper Township
- West Cape May
- West Wildwood
- Wildwood
- Wildwood Crest
- Woodbine
Lawsuit Loan Eligibility
To be eligible for settlement loans, you must be at least 18 years old, have a valid claim and be represented by an attorney.
Getting Started Cape May Lawsuit Funding
The process of obtaining a Cape May lawsuit loan is really very easy.
- Fill out the Quick Application on this web page or give us a call. We will reach out to you to discuss your options.
- We reach out to your attorney to discuss the case.
- Our underwriting department reviews the case and forwards a funding contract.
- You review, sign and return.
- We fund your case via overnight courier or electronic bank transfer.
Fair Rate Funding is not just a lawsuit funding company. We’ve been an industry leader since 2007. Our lawsuit cash advance rates are among the lowest in the business.
Call us to get started. Tell us your story. We can help.
