Gloucester County Lawsuit Loans

Gloucester County Lawsuit Loans

Gloucester County lawsuit loans allow plaintiffs to meet their obligations while they fight for their rights. These transactions level the financial playing field between plaintiffs and deep pocketed insurance companies by allowing plaintiffs the ability to wait out the legal process.

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Gloucester County Interesting Facts

Gloucester County is located in southwestern New Jersey and across the Delaware River from Philadelphia. It is the state’s 14th most populated county with over a half of million residents according to the 2020 Census. Its largest city is Washington Township with over 48,000 residents. Gloucester County is part of the Philadelphia metropolitan area.

Its county seat, Woodbury, is home to county offices and the Superior Court of New Jersey, Gloucester County. The Gloucester County Courthouse is listed in the New Jersey Register of Historic Places. Woodbury boasts the highest property tax rate in the state and was the first city in the entire country to mandate recycling.

Gloucester County was the site of the Battle of Red Bank on October 22, 1777, during the American Revolutionary War. The battle occurred at Fort Mercer on the banks of the Delaware River.

In the borough of Glassboro lies Rowan University, a public research university and part of the NJ state university system. Originally Glassboro Normal School and later Glassboro State College, the college was dedicated to training teachers for placement in NJ’s public school system. Now, the university consists of 14 colleges and schools including Cooper Medical School of Rowan University.

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Gloucester County Accident Lawsuits

Although Gloucester County is smaller in population than other areas in NJ, accidents can and do happen within the county. In fact, NJ Department of Transportation studies report that Gloucester County had over 6,000 reported crashes in 2020 and almost 1,500 reported injuries. When tens of thousands of people reside in an area, other accidents such as slip and falls are to be expected.

Accidents can result in permanent injuries and result in lawsuits where injured parties seek compensation. Lawsuits take time and plaintiffs can expect their cases to take many months or even years before they are resolved in Gloucester County.

Injured parties are often unable to work while they wait for their cases to progress. This can leave them in financial trouble. Gloucester County lawsuit loans are one way plaintiffs can solve this dilemma.

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What is a Gloucester County Lawsuit Loan?

A Gloucester County lawsuit loan is a financial transaction where “lawsuit lenders” advance money to plaintiffs in return for a portion of the future settlement, if any. The transaction is “non-recourse” because the lawsuit funding company cannot pursue the plaintiff personally for repayment. Unlike traditional loans, lawsuit loans are a partial “sale” of the future settlement. This means if you don’t win your case, you do not repay the advance.

This unique nature of lawsuit loans means the applicant’s credit is unimportant to the underwriting process. Neither are employment status or current assets since the lawsuit itself must be the source of repayment.

Lawsuit funding companies advance money prior to settlement so plaintiffs can pay for living and other expenses while they wait for the case to settle. The truth about lawsuit loans is they allow plaintiffs to refuse low-ball settlement offers simply to keep their heads above water financially. Plaintiffs use lawsuit loans to pay:

• past debts
• surgical and other medical treatment
• mortgage or rent
• car payments or other transportation costs
• and more. . .

To learn more about lawsuit loans, visit our frequently asked questions page.

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Gloucester County, NJ Towns and Cities

Gloucester County consists of 24 municipalities. Gloucester County lawsuit loans are available in the following cities:

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Getting Started with Gloucester County Lawsuit Loans

To be eligible for Gloucester County lawsuit loans you must:

• have a pending claim
• be over the age of 18 and
• be represented by an attorney

The lawsuit funding process is easy. To get started, simply contact us. Once you apply or call, we will contact you immediately and begin the process.

When financial strain forces you to consider accepting less than you deserve, don’t wait – call Fair Rate and let us help you.

Apply Now or call us to get started. We are here to help.