Legal Specs

Cash for Lawsuits

04 Oct 2006

Are you waiting for a personal injury claim to be resolved? While attorneys will take personal injury lawsuits on a contingency basis, it can often take months–even years–for the case to settle. How do you pay your medical bills and cover living expenses over the months or years it takes for your case to be resolved? One answer is a pre-settlement advance or cash for lawsuits. At www.fundmycase.com, the website that personal injury case plaintiffs use to apply for up-front cash against their lawsuits, you can find out how presettlement funding Anchor Text works.

Cash for lawsuits or a "lawsuit loan" is an advance you receive from a lawsuit funding company against the future proceeds of your lawsuit. With a lawsuit cash advance, you can immediately receive a portion of your projected settlement in advance, and you may use that money however you wish. Unlike a bank loan, which must be repaid over a specific time period, cash advanced against a lawsuit does not have to be repaid until the lawsuit is resolved–either you and your attorney agree to an out-of-court settlement or you win the case in court–no matter how long that is.

Also, cash is advanced to you against your lawsuit on a non-recourse basis. That means that you are only obligated to repay the cash advanced against your lawsuit, plus accumulated fees, when you win the case or reach a satisfactory settlement. The advance is repaid by your attorney from the proceeds of the settlement. Should you lose, you owe nothing and you are not obliged to repay the cash advance you received against your lawsuit.

Many plaintiffs engaged in lengthy lawsuits are often forced to accept an early "low ball" settlement from the defendant because they need the money! The solution to having cash to pay your living expenses, while giving your attorney time to work the case to a fair and satisfactory outcome, is to take advance of a "lawsuit loan" and to receive cash against the expected proceeds of your lawsuit.

There are no application fees or up-front costs for the plaintiff, and applying for cash against your lawsuit is easy. You can apply on-line at www.fundmycase.com. Once you complete the on-line application, LawMax will contact your attorney to request the documentation needed to evaluate your lawsuit. Once LawMax has received the supporting documents it needs, it usually makes a decision within 48 hours. After LawMax has approved your request for cash for your lawsuit, it sends a contract to your attorney. Upon receipt of the signed contract, a check goes out right away, usually via FedEx!

The best place to learn more about lawsuit cash advances or "lawsuit loans" is www.fundmycase.com. The website has a convenient questions-and-answers section, as well as an easy-to-use, on-line lawsuit cash advance application form.