Saturday, August 28, 2010

Lawsuit Loans And Settlement Loans For Employment Discrimination Cases

Some rules are Golden, to never be forgotten! The rules identified in this article always apply to cases of Employment Discrimination for those wishing to obtain either lawsuit loans or settlement loans. These rules always guide you and point out your coordinates and keep those pursuing lawsuit funding on point (i.e., moving in an appropriate direction).

Golden Rules exist to be used, to be followed, and to guide you. No matter what your ultimate goal is or what challenge you face, the rules are there.

In this article, we’ll discuss “5 Golden Rules,” the 5 best ones for getting settlement loans and lawsuit loans in Employment Discrimination cases.

Golden Rule # 1, contact the Equal Employment Opportunity Commission ("EEOC"). The reason you want to do that is that you must do so, at least in most instances, to pursue an action for employment discrimination. This is essential for those who wish to obtain litigation funding. Remember, be rational! In such cases, this is often difficult to achieve.

Golden Rule # 2, obtain a "Right to Sue Letter” from the EEOC. This can affect you later on because your legal fees may be covered, at no expense to you, if your claim is deemed "meritorious" (i.e., a claim one is justified in filing). This information is critical for those pursuing either lawsuit loans or settlement loans. Remember that there are specific guidelines that must be followed!

Golden Rule # 3, make copies of all written Offers of Settlement. This information must be provided to succeed in obtaining either a lawsuit loan or a settlement loan. This really is advisable because written offers are evidence that the employer's counsel is attempting to mitigate (i.e., lessen) damages.

Golden Rule # 4, obtain information regarding the following: (1) employer's assets; (2) employees' policies and procedures manuals; (3) information regarding the employer's history of such grievances; and (4) potential witnesses. If you are lucky, you will accomplish this by working cooperatively with current employees and management personnel. (Obviously, this won't always be possible.)

Golden Rule # 5, provide a copy of your "Complaint" (i.e., Demand for Settlement or Damages). This may include frank discussions with your attorney regarding your intent to obtain either a lawsuit loan or settlement loan. It's important to keep in mind that obtaining your attorney’s cooperation does not have to create an undue burden on either your attorney or the attorney's staff.

When you follow these golden rules to succeed in getting settlement loans and lawsuit loans in Employment Discrimination cases, you will find life will flow much more easily for you. You will find that your pursuit of litigation funding will be more enjoyable and likely to succeed. Ignore at your own peril!

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