Verdict Lawsuit Loans Help Plaintiffs

Lawsuit loans help plaintiffs and their benefits are clear. Plaintiffs get immediate cash to use while their cases are pending. Their purpose is to allow plaintiffs to reject unfair settlement offers so their attorneys can secure just compensation. Sometimes, trials are necessary to obtain justice. When they do, plaintiffs often still wait for justice. Verdict lawsuit loans allow plaintiffs to wait out the appellate process.

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Background

Legal system delays often cause financial strain for plaintiffs, especially when injuries prevent them from working. Lawsuit loans provide financial support for plaintiffs while they wait out the long, drawn out litigation process. And since their emergence upon the legal landscape, they’ve performed admirably in this task.

But what happens when plaintiffs go to trial and are victorious? What happens then?

More Delays In Store for Winning Plaintiffs

Unfortunately, after a verdict, the wheels of justice still may turn slowly. Most trials present opportunities for either party to raise appealable questions. Although issues of fact are generally not appealable, arguments over jury instructions, judges’ rulings, evidentiary issues, etc. can be raised upon appeal. Even though a plaintiff may win at trial, the wait may not be over.

Instead, a case must go through an appeal to a higher court. Decisions made at this level can also be appealed to an even higher court. This only adds to the delays.

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Verdict Lawsuit Loans – the Same Financial Concerns Persist

If delays in the legal system cause financial strain before trial, the same issues still persist after a verdict. Accordingly, lawsuit funding companies offer lawsuit loans for cases on appeal. These financial transactions are the same as other pre-settlement funding transactions.

Verdict Lawsuit Loans Advance Funds

The purpose of lawsuit loans is to allow plaintiffs to wait out the system. Verdict lawsuit loans perform the same task later in the litigation process. They are non-recourse advances based upon plaintiffs selling a portion of their recovery prior to receiving it. This way, the litigant can pay expenses during the appeal.

Because they are structured as a sale of property rights in future proceeds, if plaintiffs lose on appeal, the verdict lawsuit loan is not repaid. Moreover, the litigation funding company cannot pursue plaintiffs personally for repayment. Repayment must come from the lawsuit itself.

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More About Verdict Lawsuit Loans

A cash advance on a pending lawsuit provides financial relief to individuals involved in a legal case who need funds to cover living expenses and other necessities. Most plaintiffs use lawsuit loans to pay for:

• Living expenses
• Housing payments (rent or mortgages)
• Debt repayment
• Transportation costs
• Educational expenses
• and more . . .

More importantly, there are absolutely no restrictions on the use of verdict lawsuit loans. This is due to their structure as a transfer of property rights in the proceeds. Plaintiffs simply sell part of their property (lawsuit recovery) ahead of time. It’s that simple.

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Qualifying for Verdict Lawsuit Loans

Considering a verdict lawsuit loan is a little different than normal lawsuit loan underwriting. While documents supporting liability, causation and ability to pay are always considered, verdicts are usually favorable after juries consider all available evidence. Lawsuit funding companies are usually interested in what appealable issues are raised. For this reason, most require post trial motion documents or appellate briefs to properly consider an appeal’s likelihood of success.

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Getting Started with Verdict Lawsuit Loans

To learn more about the lawsuit funding business, you have multiple options. First, you can browse this site and read up on the legal loan business. There are many, many articles covering a wide array of lawsuit loan topics. There is also a Frequently Asked Questions page.

Second, you can simply give us a call or contact us online. A live representative will answer/contact you and answer any questions you might have.

Why Choose Fair Rate Funding

You obviously have a choice in who you use for legal funding. We offer:

• Simple and Easy Process – Approval only on the strength of your case.
• Risk – Free Proposition – Only repay if you win your case.
• Rapid Approval and Funding – Approvals often within 24 hrs.
• Up Front Pricing – Absolutely no hidden fees.

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