When you get in touch with a funding company, it can provide
support in terms of finances for the pending settlement and can also provide the
attorney with resources to retain the witnesses needed to support any given
case. The need for cash advance has been a popular concept and when you work
with a trusted firm, they can assist in keeping the attorney focused on your
case as they don't need to worry on maintaining the cash-flow while awaiting the
settlement.
One of the most common misconceptions about litigation cash advances, or any type
of legal funding, is that the funds are just another form of traditional loan. We
understand that they may seem similar at first glance, but getting the law cash
is actually a much safer proposition, since the money is only paid back by the
plaintiff if they can recover damages from their lawsuit. In fact, the cash
advances are given on the basis of the merit of the case.
Another major difference with lawsuit cash advances is that
you will never have to provide verification of a clean credit record, make
monthly payments or provide the records for the employment history. Your
personal credit score is of no importance when considering eligibility for these
kinds of cash advances, as the decision is influenced by the overall strength
of the claim. In situations where liability is clear, the claimants can get the
advance cash in as little as 24 hours.
Thousands of plaintiffs who applied for a law cash advance
have been saved from the brink of financial ruin, which can include severe
financial strains though bankruptcy and foreclosure on their homes.
