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SM296252

All you need to know about structured settlement loans

Funding

What is a Structured Settlement Loan?

A structured type of settlement loan is extended to an individual based on a structural settlement that is taken as security or collateral for the loan amount. This type of loan would provide the individual with a sum of money on the front end. This money can then be paid via settlement payments over a period of time. This way, individuals needing money immediately would be able to opt for structured settlement loans in order to get the money as well as repay the same according to terms.

In the case of a structured settlement, the court would order the settlement payment to be structured or divided into a series of payments rather than asking for the loan amount to be repaid as one lump sum. These settlement payments can be on a monthly, semi-annual or annual basis. The only problem here is for individuals who need the settlement money immediately to take care of current debts or monetary obligations.

A structured settlement loan on the other hand would help these settlement recipients finish off their pressing debts immediately without having the need to wait for these annuity payments. The loan would enable these individuals to pay off all their existing debts and then start making installment payments (including the interest amount on the loan principal) to pay off this loan. Individuals can also structure their installment payments to coincide with their semi-annual or annual settlements payments to avoid any hassles in paying off the loan.

A structured settlement loan, in this case, would be considered as a practical solution as it would help an individual to resolve all of his/her outstanding debts, leaving him/her with only one loan to pay off at the end. This in turn would greatly simplify the process of managing personal finances, thereby providing peace of mind to the individual.

Those who provide the option of a structured settlement loan for their clients would usually decide the loan amount based on a certain percentage (70% or 80%) of the actual settlement amount. This way, the lender is assured of money returning to him/her via the annuity payments if the debtor fails to pay the money. This would, in turn, reduce the risk faced by the lender and improve his/her chances of getting a better rate of interest when compared to other types of loans.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
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SM295524

How Legal Finance Helps Individuals Reap Rich Benefits

Funding

Legal finance is an ultimate solution for people, who are seeking cash in order to meet legal expenses. It is a process meant for litigants so that people could carry out litigation by taking funds from a third party. It is known by many other names like litigation financing, settlement funding, professional funding, litigation funding and third party funding. The process works as a trade between funding company and the litigant. If litigation party wins the case, then the amount of cash received has to be divided with the funding company in pre decided ratio. However, if the party loses then no amount is to be shared with the company. People who are not in a good financial position use legal finance to carry out legal procedures. These legal procedures may be in form of workers compensation, commercial disputes, structured settlement, civil rights or personal injury. Third party funding is an entirely different process than loaning and is considered as a form of nonrecourse debt.

 

Legal financial solutions can help an individual reap rich benefits, which are as follows.

 

Education – The money received from legal finance can be used for child’s education. You can use the money to pay school/college fee or pay child support.

 

Hospital Bills - In accidental case, the litigant can approach third party funding company to seek finance for his medical bills and surgical procedures.

 

Repayment options - If the plaintiff loses the case, he is not required to repay the money. In legal funding process, the funding company buys a portion of proceeds from the case itself.

 

Fee for application - The interested party does not need to pay any application fee. The consultant guides you through the entire process and does not charge a single penny. Anyone can afford legal finance but only under one condition, that he should be holding a strong position against other party.

 

Property Checks – You do not need to worry about your financial position or your property checks. In settlement funding process, the companies do not check your credit or your property. It is solely based on the merits your case has against other party.

 

No Monthly Payments – Legal financial solutions give an advantage to customers of not worrying about monthly payments. Interest is pre-decided by funding company as well as the client, which the client has to pay once he wins the case.

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
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SM90090

Settle your Pending Lawsuit with Litigation Funding

Funding

Each year, thousands of people have personal injury due to medical malpractice, auto accident, product liability, slip and fall, and many other causes. Many of them also file a lawsuit, but they have to wait years before their case is resolved. During this period, these plaintiffs face huge financial burden of their medical expenses, lost salary, living expenses, legal costs, etc. and, ultimately they are forced to settle their lawsuit out of court or withdraw their case, because they find it difficult to cope with the surmounting financial pressure. However, there are many legal funding companies that offer litigation funding to plaintiffs to pursue their lawsuit without any interruption.

 

Lawsuit cases eligible for such funding

If you are planning to file a lawsuit, or have already filed one, and your case is being represented by an attorney, then you can apply for litigation funding through a reliable funding and financial company. This lawsuit funding is provided to plaintiffs and attorneys in a broad selection of lawsuit cases. Some of the lawsuit types in which cash advances is given, include personal injury lawsuit, slip and fall lawsuit, medical malpractice lawsuit, auto accident lawsuit, class action lawsuit, worker’s compensation lawsuit, mass tort lawsuit, product liability lawsuit, premises lawsuit, and and many more.

 

Benefits of this funding

With litigation funding, the claimants can have adequate money to pay their legal fees and all other expenses, while successfully pursuing their lawsuit case. The borrowed funds are paid back only after successful settlement of the lawsuit, so you will not have any serious financial hardship later. If the settlement amount is not large enough to repay the funding, or unfortunately you lose the lawsuit case, you do not need to pay back the lent money. This legal funding enables you to get the right settlement of your lawsuit case.

 

Most of the legal financing companies offer litigation funding to plaintiffs without checking their credit or involving a lengthy application procedure. Those who have bad credit or have no credit are also eligible for applying for this fund. You do not need to be employed in a company or running your own business for getting this legal financial help. Besides this, the lender will not ask for monthly payments or any upfront fees for the lent amount. Once your lawsuit case is settled in your favor, you have to pay the funding company a percentage share of your settlement.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
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SM285213

Get the Best Financial Support with Legal Funding at Anytime

Funding

Words like “see you in court” are very strong words that you are going to ever listen to. But in today’s instances such words may be thrown to people pretty repeatedly. Taking legal help seems like the only way to stand up for your personal rights and justice. Now imagine that you are driving a car to go to work with coffee in hand and briefcase on the seat next to you. And you heard on the radio that traffic is a bit slow so you need to pay proper attention to the road before you can go further, you met with an accident you are not badly injured but there is a pain in your neck and back and you found the treatment too costly. So in this case you can consider legal funding.

 

People who seek funding are not only those who are involved in an accident but also those who are out of work or need some cash to continue any case. This type of funding can be life saving for someone who is not earning but needs to pay their bills and feed their family until he starts working. To fully understand it one needs to know about the kinds of cases that are eligible for funding.

 

What kinds of cases are appropriate for funding?

Anything regarding personal injury, legal malpractice, medical malpractice, negligence, civil rights and even divorce cases and employment discrimination comes under the category of funding.

 

Process of legal funding

The company that provides legal funding solution needs to do some research on the case and require police reports, several court documents. This information is required so as to determine that how much fund is required.

 

Here are some steps that are considered before sanctioning the fund:

    • Underwriter form the funding company will check the supporting documents
    • After going through your case, he has the power to either accept the case or reject the case.
    • After all this, terms and conditions for the interest rate will be provided to an individual by the company.
    • And, once the individual accepts the terms, that person will receive the fund with 24-48 hours.

This process of funding is pretty straight forward. Depending on the complexity of the case and the amount of fund, some cases can even take couple of weeks to get the fund. Today legal funding company offers you the fiscal assistance at competitive interest rate. The company tries to make this funding process as simple as possible because they know that you are already going through a lot of stress.

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM302955

Lawsuit Funding – Beneficial for Finance Seekers

Funding

The cost of filing a lawsuit can build up huge burden on customers. Lawsuit funding is a quick and easy process of getting a desired amount of money so that an individual can carry out activities such as paying legal bills or fee. Settlement funding company pays cash to a litigant in exchange for a profit share of settlement amount. Some of the most common types of funds that a funding company deals in are personal injury lawsuit funding, pharmaceutical, sexual abuse, breach of contract, vehicle accident, life insurance, commercial litigation, civil rights, compensation and construction accident. Lawsuit funding is very beneficial to finance seekers because of following points.

 

Less than 24-hour time for approval – A lawsuit company pays cash advance, settlement loans or legal funds to plaintiffs within 24 hours. Officials put all the paperwork, terms, conditions and application forms before a finance seeker within a 24-hour time limit. They evaluate your case, tell you what your settlement is worth and provide you with the agreed amount at the same time.

 

No payment until case settles – Litigants do not have to pay any fee monthly, quarterly or annually until the case settles. In case of bank loan, an individual has to pay interest but lawsuit-funding companies do not charge any interest or fee until you win the case.

 

No Credit Checks - If a person is seeking personal injury lawsuit funding to pay medical bills, doctor’s fee, etc. he does not need to worry about credit checks. The lawsuit funds are free from other requirements too just like employment checks or property checks.

 

No beforehand fees - Banks always ask an individual to pay an advance amount, in case he is seeking loan from them. Nevertheless, if an individual considers funding companies to seek cash, he is not required to pay any advance amount. The payment that you receive is free of risk too i.e. companies take full responsibility by investing in your case.

 

Direct funding - When applying for a loan from lawsuit funding company, you are not likely to tackle tricky dealings. Just submit all the legal proceedings of case with officials of company and he will put you in a question-answer round. Once you give all the answers truthfully, your payment will be approved and you will receive funds directly.

 

In personal injury lawsuit funding the companies ask questions related to others too. The questions may be who else was with you, how many were injured, were you driving under influence, etc.

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM296252

Find The Best Product Liability Lawsuit Loan

Loan

Individuals sustaining serious injuries from use of a product may need financial assistance to overcome the injury and the related trauma. Often times pursuing a product liability lawsuit is time consuming and complicated. Recognizing the difficulty, the financial industry has evolved the product liability lawsuit loan.

 

Product liability arises from defective products causing grave personal injuries, misrepresentation of facts associated with the product, design defects, marketing defects, and unsafe products among other causes. The onus of proving negligence does not always rest with the plaintiff and there can be instances where the doctrine of “res ipsa loquitur,” (the thing speaks for itself) or “strict liability” are invoked shifting the responsibility of proof to the defendant. Similarly, the plaintiff need not be the purchaser so long as the product was sold in the normal course of business to anyone. A garage sale for instance is not considered ‘normal course of business’ and the provisions of strict liability will not apply. Design defects are even more complex to establish except when such defects are very conspicuous.

 

Product liability lawsuits can fail when the manufacturer establishes that the plaintiff had made substantial alteration to the product and that the injury arose on account of the alteration. Misuse of a product leading to injury will also generally attract similar arguments.

 

Your Attorney

Prosecuting a product liability lawsuit is best left to an experienced attorney. Plenty of witnesses and evidences will be arrayed during the course of the trial by the plaintiff as well as the defendants. Most plaintiffs would find it challenging to represent their own case in the absence of legal expertise. Therefore, you are better off finding a competent attorney with a proven track record in winning product liability lawsuits.

 

Arduous and Expensive Journey

Fighting a product liability lawsuit can be arduous as well as expensive. But, if you have a strong case to present, you could expect to win a tidy sum of money. The journey can potentially be long and frustrating.

 

Most attorneys may need ‘case funding’ and it is likely that you need some money to ride through the years with the product liability lawsuit. Thankfully, legal funding companies are now offering product liability lawsuit loans to help you tide over the difficult period. Most lenders base their approval on the assessment of the case by your attorney and do not run a credit check or income verification. Though this could sound like a juicy deal, a product liability lawsuit loan is expensive and you should explore all your options before committing yourself to the loan. In most instances 10% of the projected settlement will be reckoned as the upper limit for a product liability lawsuit loan and that will include ‘case funding’ if any.

 

Research Your Options

It pays to be an informed plaintiff and the best way to reach there is through focused research. Find quality time to explore a wide range of information available through the internet focusing on the specific circumstances of your lawsuit. Once you are armed with all that you need to know, speak to your attorney to find the best product liability lawsuit loan.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM90090

How to Access Pre Settlement Lawsuit Loans

Loan

Pre settlement lawsuit loans are among the soft options that plaintiffs have when faced with financial difficulties on the face of lawsuits. This type of legal funding is more popular in instances of personal injury lawsuits arising from road accidents or other circumstances like work place accidents, medical malpractice etc. These are instances where the victim could have potentially suffered serious injuries resulting in absence from work and consequent loss of pay, Therefore, the financial industry has evolved legal funding to help mitigate the financial sufferings of the plaintiffs. Often times, it takes upto 2 years or more for personal injury lawsuits to be decided. The long wait can lead to serious financial challenges for the plaintiff and his/her family. Fresh credit tends to be difficult and available limits have been used up. Your credit score is below the threshold limit and most lenders cannot approve you for another loan. Pre settlement lawsuit loans qualify to be your ideal choice in these circumstances.

 

Your projected settlement is taken as the basis for a pre settlement lawsuit loan. Lenders would therefore need an assessment by your attorney indicating the projected settlement amount. When you involve your attorney for this purpose, he may also recommend some reliable lenders for you to work with. You can now make an application to the lender along with the attorney’s assessment and in most situations the lender communicates approval in no more than 48 hours. You are at liberty to use the loan amount in any manner that suits your needs.

 

Pre settlement lawsuit loans are ‘no recourse’ loans and repayments are due only against the settlement of your lawsuit. The bother of monthly payments are also not part of this loan. Most loan approvals are limited to about 20% of the projected settlement although you are better off limiting the loan to your immediate needs.

 

Why pre settlement lawsuit loans?

The financial liability arising out of personal injury lawsuits often rest with the insurance carrier. Therefore, the assessors and insurance companies are always keen to peg the claims at the least possible amount. A financially constrained plaintiff may come under duress to accept an amount lower than can normally be expected through a court verdict. By opting for pre settlement lawsuit loans, the plaintiff can keep away the offers from the insurance carriers/assessors and wait for the courts to decide issues. Often times, this puts more money in the hands of the plaintiff . When you consider the legal angle, pre settlement lawsuit loans help in strengthening the case for the plaintiff particularly when the loan is used to pay for medical procedure. A competent attorney can use the details of the medical procedure to establish the financial, mental and physical agony that the plaintiff has suffered.

 

Cost:

The soft terms and the risk perception adopted by the lender makes the pre settlement lawsuit loans more expensive compared to other forms of credit. The enhanced costs only partially cover the risk of the legal funding companies and this measure is essential for their survival. One way you can minimize your costs is by pegging the loan to your barest minimum needs and not considering the maximum loan available.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM302955

Complete Guide to Class Action Lawsuit Loans

Loan

Class action Lawsuit loans are designed to provide working funds to attorneys litigating a class action suit. Protracted delays are inherent in a class action suit and an attorney has to wait for several years before he/she can lay hands on the fee and expenses post settlement. In most instances, defense will be supported by deep pockets adept in the use of delay tactics. Over the prolonged period, the plaintiff’s attorney can become cash strapped, impacting other lawsuits he/she is handling apart from the class action suit itself. To help overcome this situation, the financial industry has introduced the innovative product class action lawsuit loans.

 

Class action lawsuits are generally high value suits and unlike with other lawsuit loans, only the attorney litigating a class action suit can benefit from this type of loan except in rare circumstances where an individual plaintiff may be considered for this loan. In most class action lawsuits, plaintiffs are represented as a group making it impossible to single out a plaintiff for the purpose of the loan. Nevertheless, the attorney has to spend money in conducting the suit and taking care of his own basic needs. For attorneys representing multiple suits of similar nature, this situation can become pretty overwhelming in the absence of a healthy cash flow.

 

Cause of action for class action lawsuit can include:

  • Antitrust case
  • Discrimination class action
  • Product liability action
  • Securities class action
  • Wage and hour class action

Overview :

Class action lawsuits arise when similar circumstances cause harm or injury to a large group of plaintiffs. Typicality, commonality, adequacy and numerosity .are among the conditions that must be satisfied for a lawsuit to be admitted as a class action lawsuit. In a class action lawsuit, the legal process benefits from higher efficiency since a group of people are arrayed as defendants instead of each individual fighting separate legal battle. Given the large volume of settlement payouts under a class action lawsuit, reckless corporates can be forced into better behavior through enforced accountability.
Understand the cost of funding.

 

Class action lawsuit loans offer great convenience when you are looking to fund a potentially high value lawsuit. The absence of a credit check or income verification makes it even more attractive. The bother of monthly payments will also not haunt you when you are approved for a class action lawsuit loan. But, the risk profile tilts against the lender and therefore the legal funding companies have to factor in their own costs and the absence of a repayment obligation when the lawsuit is lost by the borrower/attorney. As a consequence, class action lawsuit loans tend to be more expensive compared to other forms of credit. The larger size of the loan will also impact the approval process and a very strong case must be made out against the defendants to support the projected settlement. When you are borrowing as an individual plaintiff you could have potential difficulties in establishing that you have a strong case on your hands.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

about

Pre-settlement Funding: The Legal Financial Assistance for your Pending Lawsuit

Funding

With the increasing numbers of incidents involving personal injuries, filing of a lawsuit case in a court has become very common these days. But, the major problem that a plaintiff faces while pursuing a lawsuit is the financial burden incurred due to the medical bills, living costs, and expenses. However, the plaintiffs can avail legal financial solutions such as pre-settlement funding to ease their financial pressure and get the right settlement of their lawsuit.

 

Those who are in need of a lawsuit funding can apply for it to a reliable legal financing company. They will ask some basic information about your lawsuit so as to understand your case type and evaluate the amount of the settlement for funding. If you have hired an attorney for your case, he may also be contacted by the lender for acquiring detailed information. However, the claimants who had personal injury due to the fault of other individual can get this fund without any issue.

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

Lawsuit cases eligible for pre-settlement funding

 

The lawsuit funding is easily approved for the cases, in which the plaintiff gets injured in a road accident. This personal injury is sustained because of the negligence of the defendant, while he might be driving after being drunk, or neglected the red signal, or attending a call in course of driving, or any other reason. The injury may be serious as well, making the plaintiff unavailable for work. In this condition, the legal funding seems to be a great relief, allowing him to pay his all kinds of expenses, during the pending lawsuit.

 

If you have become a victim of slip, fall or any other accident at a construction place owing to the fault of the project owner, your lawsuit is eligible for legal funding. The numbers of such type of cases are on the rise, as numerous projects related to construction or repairing work are being executed these days. Moreover, the cases from the sties which are too dangerous or have no proper warning system, have greater possibility to get a settlement and hence the lawsuit funding.

 

In today’s time, the incidents of medical mal practice, nursing home negligence, industrial accidents due to the liability of the employer, dog bites, and many more have been reported every now and then. People who file a lawsuit in such type of situations can get pre-settlement funding in order to pay the bills of their hospital, house rent, and other expenses. What is more comforting for the claimants about this funding is that they have to pay back the funds only after successful completion of the lawsuit. There is no need of repayment, if the case is settled in the favor of the defendant.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM295524

Top10 Injury Facts Related to Slip and Fall

Personal Injury Lawsuit

One of the most common type of personal injury cases, is nothing but the slip and fall category. Top 10 facts associated to this category are discussed here under.

 

It is basically a civil case or tort. It is a private something to deal with as a lawsuit. It is claimed usually by an individual against another, seeking for compensation. It will be in terms of money to recover from the damages of the monetary kind, most often.

 

Residential cases as well as business related cases associated to slip and fall injury are there. A slip and fall can happen in a house or in any other public places that are not well maintained at times, too. Similarly, if you visit a person’s place for a purpose and it happened for you to meet with an accident related to this category then you can make claims in that case too. The home owner’s insurance of that person can pay you money in that way, too.

 

Different places where the slip and fall injury occurs will determine its standards for associated heavy claims. Public places are supposed to be well maintained. If you are invited for any public parties, then the invitee hold the responsibility to make sure that the premises are safe. Home owners on the other hand will not have to pay as heavily as duty for claims, as the public facility owners though.
Moreover, it is not easy to prove the negligence in such residential cases of the private kind.

 

Personal injury lawyer will be of great assistance to nurture your tort case and get you the best compensation finally. He or she might collect the papers and facts related to the mishap and gather the evidences to be submitted in the courts of law.

 

When you fail to prove that the negligence of the home owner which has led to the cause of your slip and fall injury then you will not be able to get the compensation. It is hard to prove the negligence without having legal experience. Terms and different in the legal proceedings in front of the jury. Your raw statements cannot be taken into consideration as they need legal approach which is logical and evidence based. If the opponent is able to prove that the negligence of yourself has contributed to the injury, then your recovery might be less or none too.

 

Damages are determined based upon the severity of the injury caused. Best compensations are awarded for worst suffering. As a matter of fact, the sufferer can undergo emotional distress because of the injury too. Additional compensation is awarded for this separately as well.

 

When the lawyers explain all these intricate facts to the defendant, most of the times, he or she will agree to pay a lump sum amount to you, without taking the case to the court.

 

911 Lawsuit Loans is your number one stop for legal loans when you are injured and have a lawsuit. 911 Lawsuit Loans can help you financially while you are recovering from injuries and out of work. Your lawsuit is the colleteral so you need not worry about background checks, credit checks, employment verifications… The only checks are the merits of your case. There are no upfront fees, and we are quick to process your claim. Best of all you only pay us back if you successfully settle your case!

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google