If You Are Considering Either A Lawsuit Loan Or Lawsuit Funding, This Guide Is For You! (Part 1)

Most plaintiffs are filing lawsuits totally unaware of the fact that they may obtain financial assistance that would enable them to continue pursuing a lawsuit rather than abandoning the claim simply because they run out of money. The funding that is available is often referred to as a lawsuit loan, lawsuit funding, settlement loan, pre-settlement loan, etc. Irrespective of the name by which it is known, this form of funding may truly be a plaintiff's lifesaver!

This guide was written to assist plaintiffs who find themselves in need of lawsuit loans. When the knowledge contained in this article is intelligently applied, plaintiffs will find that cases will proceed much more smoothly and they will also find that their financial burdens are substantially reduced, in most cases.

If you're considering financial assistance for lawsuit funding, then the first question you should ask yourself is, "Is this case one for which either a lawsuit loan or lawsuit funding may be obtained?" chances are good that you will be able to obtain such assistance if you're plaintiff who is pursuing a personal injury suit, whistleblower action, wrongful termination action, premises liability claim, slip-and-fall claim, commercial liability claim, just to mention a few.

It is important to realize that prior to obtaining either a lawsuit loan or lawsuit funding, you must retain an attorney. Although this is not always the case, it is extremely rare for pro-se litigants to obtain a subtle loan. Furthermore, if you wish to obtain the pre-settlement loan as quickly as possible, it will be necessary for you to work with your litigation funding expert to locate and submit the documents requested as quickly as possible. Any delay in obtaining the requested documentation is likely to result in a substantial delay in obtaining the financial assistance you seek. (It is important to note that in the vast majority of cases these delays are due to an operative attorney. However, attorneys are beginning to realize the significance is that this form of financial assistance for their clients and are becoming much more cooperative in this process.)

The question still remains, "Should you pursue either a lawsuit loan or lawsuit funding?" After you've asked yourself this question, consider the fact that there are many reasons one may wish to obtain such financial assistance. In the vast majority of cases, plaintiffs wish to obtain the assistance merely to be able to continue to pursue their claim. On the other hand, many plaintiffs are in such dire need for assistance to simply be able to meet financial obligations, pay utilities, put food on their tables, etc.

Straight-forward cases are customarily the easiest cases to fund. However, simply because you have a complex case should not serve as a deterrent to you in seeking financial assistance to enable you to pursue litigation. Remember, the more complex the case, the greater the likelihood of a substantial award once the case settles.

We've just scratched-the-surface in this article. In follow-up articles, we will discuss many other factors plaintiffs must take into consideration when considering either a lawsuit loan or lawsuit funding. Remember, just because your opponent is making it difficult to collect, you needn't give up the fight simply because of costs. Financial assistance may be merely days away!

Do you think a lawsuit settlement loan is right for you? Would you like to learn more about lawsuit funding? Please visit us today and you may apply online for lawsuit funding and learn more about the benefits of lawsuit funding.