Wednesday, July 7, 2010

Lawsuit Loans - The Best Solution You Want

Lawsuit Loans. No Risk Loans

A relatively new source of financing is now obtainable for both individuals and business owners. It's known as lawsuit financing, often known as lawsuit loans or lawsuit funding. But these aren't loans because the money doesn't have to be paid back unless the case is won.

If you want to find the answer to your pressing financial needs with lawsuit loans, then you need to ckeck out this website that will give you your answers and solutions.

Go Here: Lawsuit Loans

Lawsuit financing (loans) assist customers who are having financial issues. Lawsuit funders do not require credit checks, monthly payments, notes, or any other security.

Frequently, claimants have missed work or lost their job and can no longer meet their rent or automobile payments. In the past, these claimants have needed to accept lesser settlement amounts because of pressing financial difficulties. Today, clients can sustain their personal lives and give the attorney the necessary time to achieve the complete worth of the case.

Often times, individual claimants and commercial litigants need financial loan assistance before settlement or judgment. Types of cases that qualify are:

Personal Injury: Automobile Accidents, Any Type
Malpractice: Medical-Legal, Accounting, Construction,
Wrongful Termination
Discrimination
Harassment: Sexual/Rape, Any Type
And a lot more

You will find a handful of businesses that provide lawsuit funding. For more info on these lawsuit loan companies, please go to http://www.fredcoutts.com/indexlawsuit.htm. Every company offers funding that is specific to their criteria. All lawsuit funding companies will provide funding for personal injury lawsuits. But you will find only a couple that will fund commercial and other non- personal injury lawsuit cases.

Rates will differ depending upon the risk. Lawsuit funding companies will usually finance up to 10-15% of the potential settlement value. For example, when the case has a possible worth of $100,000, you can expect a funding offer of $10,000 to $15,000. Lawsuit funding companies carefully assess the cases they choose to fund. They must akin to the lawyer and also the potential settlement value.

Lawsuit funding is available in most states and can be a very beneficial way to obtain funds.

Here are similar articles that I suggest you read on to know more: