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Post by tomcruise07 on Dec 8, 2011 7:44:53 GMT -5
A plaintiff going through a lawsuit may have a pressing financial need. If they are being forced into a settlement that only pays pennies on the dollar due to their financial position, they may use this tool as an option. Most plaintiffs request funding to help pay for medical bills, living expenses, rent etc. to get them through a lengthy litigation.
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Post by russell007 on Dec 8, 2011 7:54:28 GMT -5
The rates for a lawsuit cash advance are will vary depending upon the fund. These rates are usually determined based upon the strength of your case. The stronger the case the better the rate; more risk means a higher rate. This tool is no recourse so companies that are betting on lawsuits will always charge a higher rate for a riskier case.
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