Lawsuit Loans – Litigation Funding for Qualified Plaintiffs

Posted on January 16, 2015 by admin

Plaintiffs involved in a personal injury lawsuit often find themselves in a difficult situation financially.  While you want to avoid settling for less than you deserve, paying the bills has become nearly impossible due to medical costs associated with your injuries, having to attend court, and perhaps the fact that you cannot work, if applicable.  Lawsuit loans are designed for those in this situation, who want to continue forward with their lawsuit in order to get full compensation, but who fear financial disaster or even bankruptcy.

Are lawsuit loans actually loans?  No.  In fact, litigation funding is a process in which a plaintiff may borrow against his or her pending settlement if approved.  In essence, if you do qualify you may get a cash advance of up to 10% of your anticipated settlement.   This money can be used to pay household expenses, medical and doctor bills, attorney fees, and other costs.

Who qualifies?  Anyone with a strong case, regardless of credit rating or current employment status.  As long as your attorney can present the required information and documentation demonstrating that yours is a viable case which will likely win in court, you will likely qualify.  Lawsuit loans are given based solely on the strength of your case, so there is no need to worry if your credit is bad or you are not employed.

How do you repay the advance?  Litigation funding is a non-recourse type of funding, which means that you only repay the advance if you win your lawsuit.  With lawsuit loans, if you are not successful in winning your lawsuit, you do not repay the advance.  Interest and fees are only repaid in the event that you win as well, so you are at no financial risk whatsoever if you do not win.  At the time you begin receiving your settlement, you will be required to repay the advance, along with any fees or interest which apply.

With lawsuit loans there are no up-front fees or out-of-pocket expenses to worsen your financial situation.  To sum it all up, you are borrowing your own money, and only repay the funding company if you win.  While there are fees and interest associated with litigation funding, the cost when compared to the loss you will experience if you are forced to settle for less compensation than you deserve is of little consequence.  Learn more by discussing this type of lawsuit funding with your attorney.

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An Arlington Criminal Defense Attorney Protects Clients from Serious Consequences

Posted on January 7, 2015 by admin

Should you consult with an Arlington criminal defense attorney regardless of whether you have been arrested for a seemingly minor crime, or something more serious such as robbery or assault?  Absolutely.  Even when an individual is charged with an offense such as DUI or reckless driving, the penalties can be extremely serious, often ruining their reputation and/or career.  Jail or prison time, substantial fines, driver’s license suspension and a criminal records are just a few of the penalties individuals may face as the result of an arrest and conviction.

Naturally, the more serious the crime, the more severe the punishment.  Some offenses result in years or even life in prison, along with tens of thousands of dollars in fines.  An experienced Arlington criminal defense lawyer knows how to protect those accused from serious punishment.  In many cases, a capable attorney can have the charges against his or her client dismissed or reduced.  Ultimately, this means that the person convicted of a crime may spend less time behind bars, or perhaps be placed on probation rather than put in prison.

While it may not seem like it, the law is actually on the side of those accused of a crime.  You are presumed innocent until proven guilty beyond a reasonable doubt.  Prosecutors have their work cut out for them, and must prove your guilt through strong evidence, eyewitness testimony or other means.  The job of an Arlington criminal defense attorney is to dispute the evidence, find weaknesses in the prosecutor’s case, and build a strong defense strategy to protect his client’s legal rights.

There are times when it is apparent that having the charge dismissed is not possible. When this is the case, your criminal defense lawyer in Arlington may work out a plea agreement in which you can plead to a lesser charge, thereby reducing the severity of the penalties.  Your attorney will explore all of your legal options in order to reach an outcome that is the best possible in your situation.

Regardless of the seriousness of the situation, your lawyer will work with you to determine the best possible defense strategy.  Arlington criminal defense attorneys know that mistakes are often made by police in investigating crimes, such as improper search, not obtaining a warrant, etc.  Whether you are guilty or innocent of the charge against you, your lawyer will work diligently to protect your freedom and reputation.  Without capable legal counsel, you will likely face the worst possible consequences.

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Settlement Loans, the Solution to Financial Issues Often Faced by Personal Injury Plaintiffs

Posted on January 7, 2015 by admin

More times than not, individuals who are involved in a personal injury lawsuit as an injured plaintiff find that between paying hospital and doctor bills, household expenses, and other costs, their financial situation becomes serious.  Settling for less than they deserve from those who were negligent becomes a very attractive proposition.  Settlement loans help prevent this, so that you can meet your financial obligations over the months it may take your lawsuit to settle.

Is litigation funding actually a loan?  No, you will actually be given a cash advance against the judgment you expect to receive in your lawsuit if approved.  Essentially, you are borrowing against your own money; in addition, no collateral is required as your judgment is your collateral.

What if you do not win, how will you repay the funding company?  Settlement loans are non-recourse, which means that you only repay the litigation funding company if you are successful in winning your lawsuit.  At the time you repay the loan, you will also repay any interest or fees.  If you do not win, you don’t have the worry of how you will repay the advance, because you won’t owe a dime – no interest or fees, either.

Is it hard to qualify?  As long as you have a strong lawsuit that is likely to win, qualifying is easy.  All the funding company requires to make this determination is documentation regarding your injuries and how you sustained them, so that they can determine the extent of your injuries and how they were caused.  With settlement loans you don’t have to worry about a credit check, employment verification/status or other personal information often required with other types of loans.

If approved, the amount you will be advanced will be about 10% of your expected settlement.  This money will help you live normally and pay the bills for the duration of the time it takes your lawsuit to settle, which can be months or even longer.  However, because you get financial relief you won’t be forced to settle out of court for less than you deserve.  Additionally, there are no fees or other costs to pay upfront, so you never pay any money out of your own pocket.

If you still have questions regarding lawsuit loans, check online or ask your attorney who is familiar with litigation funding, how it works, and who the ideal candidates are for this type of funding.

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Struggling to Pay Bills While Your Personal Injury Case Settles? Consider Applying for Personal Injury Loans

Posted on September 4, 2014 by admin

Are you currently involved in a personal injury lawsuit as the plaintiff? Have you hired your lawyer on contingency, and does he or she expect that your case is likely to settle or be awarded a monetary amount by a jury? Are you having difficulty paying bills while you wait?

There is a little-known financial option available to you (providing you meet the above requirements) that can help you pay bills with no risk, no obligation, while you wait for your personal injury case to settle out of court or to receive a jury award. This option is called a personal injury loan, or lawsuit loan.

Personal injury loans are just that, loans, but they don’t work anything like traditional loans. You don’t need collateral, you credit history or other financial information will not be checked, and you don’t have to pay the money back unless you win your case or settle out of court.

How to qualify for personal injury loans

You can only qualify for personal injury loans if you’re the plaintiff in a Arlington personal injury lawsuit and your case is likely to settle or to win in court. Your lawyer must also have been hired on contingency, and he or she must agree that it’s a good idea for you to get one of these loans. If you meet these qualifications, however, the application process is simple. Just apply, and the company you choose will take a look at your case. If they deem that you are a plaintiff in a valid personal injury lawsuit, it’s likely that you win or settle out of court, and your lawyer has signed off on it, too, you’ll qualify for the loan.

How much money can you receive from one of these loans?

In general, you’ll receive about 10% of your expected jury award or settlement.

Will you need to pay the money back?

If you win your case or settle out of court as is expected, you’ll need to pay the money back to the company that lent it to you, plus fees and interest. However – and this is very important – if you’re deemed eligible for these loans and you do receive the money, you don’t have to pay it back if it actually turns out that you don’t win your case. Instead, you simply walk away from the loan free and clear, and get on with your life. That’s very different from a traditional loan, which will need to be paid back no matter how your case turns out.

Ready to ease your financial worries? Apply for personal injury loans with your lawyer’s approval, and get the money you need quickly and easily. contact Elizabeth Tuomey for more information.

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Don’t Struggle with Bills While You Recover from the Harm Caused by Negligence; Apply for a Personal Injury Loan

Posted on September 4, 2014 by admin

What is a personal injury loan? You can get one of these loans if you’re currently a plaintiff in a personal injury lawsuit. You have to be likely to win that lawsuit, and you must have hired your lawyer on contingency. Your lawyer must also agree that it’s a good idea for you to apply for a personal injury loan.

Is a personal injury loan “free” money?

Not quite. You can get personal injury loans from a company specializing in this type of litigation financing if you meet all of the above requirements. If you do win your case or it settles out of court, you’ll pay the company back the money borrowed, plus interest and fees. However, if you don’t win your case or it doesn’t settle out of court even though it appeared that this was what was going to happen when you applied, you don’t have to pay the money back. You only have to pay the money back if you actually win your case.

Why apply for personal injury loans?

Think about it; if you are currently struggling financially because you’re recovering from injuries and you can’t work at present, this money will help you pay those bills while you wait for your lawsuit to settle or for your jury award to come through. It can take a significant period of time for that to happen, and it’s not necessary for you to struggle financially while you wait.

In addition, what might happen to you if your injury is severe enough that you can’t work at your present job anymore? You might need rehabilitation, retraining for a new job – perhaps even to be put on disability, if your injury is severe enough. All of that takes time to work out, and you may have medical bills to pay in addition to all of your other concerns. Personal injury loans can help pay at least some of that expense, so that the burden isn’t quite as heavy.

Getting started with your application for lawsuit loans

The first thing to do is to talk to your personal injury lawyer (whom you must have hired on contingency) to see whether or not applying for this type of lawsuit loan is a good idea. You will not be able to apply for one of these loans if your lawyer doesn’t agree that you should. However, if he or she does, the application process is simple. You apply, the company reviews your case to make sure it’s valid and that you’re likely to win or settle, and then gives you the money. It really is that simple. Get the ball rolling today, and see for yourself.

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How Important is it to Hire an Arlington DUI Lawyer When Arrested for Driving Under the Influence?

Posted on June 11, 2014 by admin

When you have been pulled over and arrested for driving under the influence, it is very important that you contact an experienced Arlington DUI lawyer at once.  Many people think that a DUI is no big deal, but it is!  It is a criminal offense which can affect your life, reputation, and career much more than you might think.

While a first offense certainly isn’t as serious as a second or subsequent offense, you may still face substantial fines, jail time, driver’s license suspension, and possibly an increase in your auto insurance premiums.  A subsequent DUI offense will leave you facing increased fines and jail time, along with other more serious penalties.  Employers today are hesitant to hire someone with a criminal record, which you will have if found guilty.  A skilled Arlington DUI attorney will fight the charges against you in an effort to minimize the damage.

A first arrest often instills fear and anxiety in the individual who is potentially facing charges of driving under the influence.  This is normal, considering you probably have no idea what is going to happen to you.  This is another reason to speak with a defense lawyer as soon as possible.  Your attorney will answer your questions, address your concerns, and explain the process so that you know what to expect.  Together, you and your Arlington DUI defense lawyer can work to determine the most appropriate course of action for your particular situation.

In Virginia, it is unlawful to operate a vehicle with a BAC (blood alcohol concentration) of .08 percent or higher.  Anyone who drives a car while under the influence of alcohol, drugs, or both may be pulled over and arrested if those substances impair the individual’s ability to drive in a safe manner.  Our state has some of the toughest DUI laws in the country; you must consult with a capable defense attorney who will work to ensure your legal rights were not violated, and protect you from serious criminal penalties and potential loss of your freedom.

Ultimately, being convicted of driving under the influence could affect you for the rest of your life.  While it isn’t easy to fight DUI charges, it is possible with the help of an aggressive Arlington DUI attorney.  Don’t risk your employment, reputation, and freedom.  Avoid giving police any information which could further incriminate you, and contact a lawyer at once.  You have a right to remain silent – use it.

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Injured and Involved in a Lawsuit? Consider Lawsuit Loans

Posted on May 8, 2014 by admin

Plaintiffs who are involved in a personal injury lawsuit frequently find they are fast going broke while waiting for their lawsuit to settle.  This is particularly true when medical bills are flooding in, and you are unable to work because of your injuries.  Lawsuit loans are one solution that have worked to help put many victims back on solid financial ground.  If you need to know more about the process so you can determine if settlement funding may be right for you, the information below will help.

Are lawsuit loans actually loans?  No, they’re actually a cash advance given against a pending settlement to those who qualify.  Most funding companies advance about 10% of the claim’s value to those who are approved.

How do you get approved?  Your attorney will gather the information required by the settlement funding company, which does not include credit score, employment verification and/or history, or other personal information.  The only details required include those of your injuries and the accident or circumstances that caused them.  In order to qualify for lawsuit loans, plaintiffs must have a strong case that will likely win – frivolous claims are not considered.

Will you have to pay any money upfront?  No.  Litigation funding is a no-recourse process, which means you repay the advance along with any associated fees or interest only at the time you have won your lawsuit and have your money.  If for any reason you do not win, you do not repay the advance, nor any related interest or fees.

What can Mayfield Settlement Funding loans be used for?  Almost anything, including household bills, buying groceries, paying the mortgage, attorney fees, having your property repaired if it was damaged in the accident that caused your injuries.  Basically, these advances allow victims to live comfortably and avoid financial disaster while waiting for their lawsuit to settle, which can be a lengthy process.

How long will it take to get your money if approved?  In most cases, the entire process from start to finish takes only about 24 hours, and you will be given an advance upon approval.  Essentially, you can have the money you need the next day if you qualify.

Lawsuit loans are an option many people have chosen who are having a hard time meeting financial obligations while awaiting a settlement.  While it is not the solution in every case, you won’t know until you speak to your attorney about the possibility.  Learn more about settlement funding online, or talk to your lawyer today to determine if it may be a good choice for you.

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Pre-settlement Funding Can Help You Pay for Expenses While You Wait for Your Case to Settle

Posted on May 3, 2014 by admin

If you’re the plaintiff in a personal injury lawsuit and your case has been taken on contingency by a personal injury lawyer, you don’t have to necessarily wait for your lawsuit to settle or be decided by a jury to make use of your settlement funds. Instead, you can use a type of litigation financing called pre-settlement funding to access some of that money now, before your case settles.

This is especially useful if, for example, your injuries have meant that you’re not able to work so that the bills are piling up. Medical expenses, too, may be increasing as you continue with your rehabilitation after your injury. It can be difficult to make ends meet, but pre-settlement funding can help take care of those expenses so that you can relax and focus on recovering from your injuries.

How does pre-settlement funding work?

This type of litigation financing is a loan, but it’s not the same kind of loan you might normally think of. With regular loans, you have to go to a lender, have your financial background and income scrutinized extensively, and in essence prove that you are worthy of this loan. Then, you have to pay back that loan with interest if you’re approved.

Pre-settlement funding isn’t like that. With pre-settlement funding, you have to have a personal injury case that’s legitimate, meaning that it’s not frivolous, and you have to have a personal injury lawyer that you’ve hired on contingency representing you in your case. Your lawyer must also agree that applying for this type of litigation funding is suitable. If your lawyer doesn’t agree that you should, you won’t qualify for this type of loan.

If your lawyer agrees that it’s a good idea, you can apply for the loan. Once you apply, the company you choose to handle this type of loan for you will carefully review your application and then grant you what is usually about 10% of your expected award or settlement. If you win your case, you’ll be expected to pay back what you’ve borrowed, plus fees and interest.

If you lose, though, this is where this type of litigation funding is especially helpful. Unlike traditional loans, you don’t have to pay this loan back if you lose your case. Instead, you simply walk away without any further responsibilities, able to move on with your life unencumbered.  Ask your attorney about pre-settlement funding today, and whether it’s a suitable option in your situation.

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Why Should You Consult with an Alexandria Juvenile Crime Attorney?

Posted on April 26, 2014 by admin

An experienced Alexandria juvenile crime attorney understands that when a minor child is arrested or charged with a crime, it affects the entire family.  No parent wants to question how his or her child’s future and/or reputation may be affected.  The stress and fear most parents experience is substantial; what should you do, and what does it all mean for your child?  The first step is to consult with a capable defense lawyer who is highly familiar with and experienced in these types of cases.

Your child may have been arrested for shoplifting, underage drinking, drug possession, or something as serious as carjacking or robbery.  Regardless, it is critical that you contact a compassionate Alexandria juvenile crime defense lawyer right away to ensure the best possible outcome.  Your attorney will work to make certain your child’s legal rights are protected, and that rather than punishment, the focus is placed on rehabilitation.

In all truth, most parents do not know what to do when a child is arrested.  Are your child’s rights being violated?  Will he or she be put in jail, or have a criminal record that will impact his or her future forever?  The police may claim that you do not need a lawyer, but don’t listen.  Police are not you or your child’s friends; to ensure positive results, speak with a seasoned Alexandria juvenile crimes attorney immediately.  Just as adults, children can be prosecuted for crimes – and police or prosecutors may treat them with the same aggressive approach.  If you decide not to contact a lawyer, you are essentially putting your child’s future at risk.

The juvenile justice system in Virginia does focus on rehabilitation rather than punishment, however there are still some very real consequences.  In certain situations, a juvenile may be tried as an adult. It is ultimately the judge who determines the appropriate sanctions, which may include fines, restitution, probation, and more.  Your child may be place in a juvenile correctional center or residential facility upon the judge’s discretion.  It is vital that you consult with a dedicated and compassionate Alexandria juvenile crime lawyer who will work on your child’s behalf and guide you through the process, always keeping you apprised and with your child’s well-being and best interests at heart.

Teenage children are not fully mature emotionally, and often make mistakes without realizing the seriousness of the consequences if they are caught.  Being arrested does not mean that your child is a “bad” child, and he or she deserves a chance for a bright future.  Contact an attorney immediately so that work can begin to protect your child.

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Consult With a Skilled Kansas City DUI Attorney, Even When You’re Guilty

Posted on March 21, 2014 by admin

Many people assume that if they have been charged with driving under the influence, the only reason they should hire a Kansas City DUI attorney is if they want to get the case dismissed.  This is absolutely wrong; pleading guilty without consulting with a lawyer is a mistake, for several reasons.

Even though you realize you “messed up,” legally you are innocent until proven guilty.  The charges against you must be proven beyond a reasonable doubt, which isn’t always easy.  Police often make mistakes when arresting an individual for driving under the influence – and those mistakes may be used to your advantage.  An officer may pull you over without reasonable suspicion, which is against the law.  Breath and blood tests to determine whether you were intoxicated and to measure your blood alcohol content are not always performed correctly, handled properly, or the results may be skewed.  This is just one example of why you should consult with a talented DUI lawyer in Kansas City before pleading guilty.

Another reason you should never plead guilty without first consulting an attorney is sentencing.  If you plead guilty, you will be convicted and subsequently sentenced.  A judge has discretion when handing out your sentence, and can choose to go with a lighter sentence, or the harshest penalties that are legal for the offense you are accused of.  He or she will often consider any aggravating or mitigating factors, which are generally learned from your attorney and that state’s.  Without legal counsel on your side, you may very well say something that while you believe will help your situation, will actually make it worse.

Even when you are guilty of DUI, it’s often far more desirable to have the judge determine that you should get an opportunity to rehabilitate rather than be put behind bars.  A conviction for a DUI can mean not only jail time, but fines, loss of your driving privileges, a criminal record, and increased insurance rates.  If it is your second, third, or even fourth offense, penalties will be far more severe.  It is important that regardless of your innocence or guilt, you obtain the skill and experience of a reputable Kansas City DUI lawyer.

The old adage “you do the crime, you serve the time” simply is not true.  In our country, even those charged with the most heinous of crimes have a right to legal representation, and an opportunity to protect their legal rights.  If you have been charged with DUI and are guilty, don’t make any moves you will regret later.  Consult with an experienced Kansas City DUI attorney who will work to keep you out of jail, and protect your from what could be serious consequences.

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