Legal funding

Lawsuit Advance

September, 16 2009
AM Legal Funding Team
Comments (0)

A lawsuit advance is one way to cover the gap between when someone is the victim of a negligent accident and when they receive their settlement or award in a court of law. AM Legal Funding is the most trusted New York provider of lawsuit advances. This gap in time between lawsuit and settlement has been increasing steadily, especially during the current recession. Companies that are negligent, of course, want to hold on to their money for as long as possible and do everything they can to avoid paying the maximum. If they stall for as long as possible, in many cases people will settle for less. It sounds unfair, but life doesn’t stop to wait for the resolution of lawsuits. The medical industry certainly doesn’t postpone its debts to wait to see what the result of a court case will be. They expect to be paid quickly and many people, especially if the primary breadwinner is unable to work, are unable to do so. A lawsuit advance can alleviate this problem. AM Legal Funding will do all of the work upon a client’s initial call. We will discuss the case with the client and their attorney to better gauge the facts of the case and what the likelihood of a settlement or award is. In many cases, the likelihood is extremely high, but it’s simply a matter of the wheels of justice turning slowly. Fortunately, AM Legal Funding doesn’t operate at the same pace. Qualifying clients can generally expect a decision on their case in under 48 hours, and at most a week. AM Legal Funding makes an offer on the lawsuit advance and if it’s amenable to the client, they can expect the funds immediately. Of course, there’s no obligation to accept the lawsuit advance if it is offered. People that are out of work often accept the offer because the lawsuit advance can replace the missed salary they are losing by not being able to work. People in this situation face twice as many problems because their medical bills are extensive if they are unable to work and they have no salary to pay them with. A lawsuit advance, here, can be a huge difference in quality of life. It also, more importantly, can buy time that forces the negligent party to make a fair and equitable offer as opposed a substandard one that they are hoping someone in a desperate position will accept. Best of all, a lawsuit advance, carries no risk. If the case wins, the plaintiff pays back the lawsuit advance plus an agreed upon interest fee. However, if the case loses or the offer is never received for whatever reason, AM Legal Funding absorbs the loss. It’s not in our interests to become another debtor of someone who was the victim of negligence and lost in court. All calls to AM Legal Funding are completely confidential and, as stated, there is never any risk in dealing with the company.

Go back to the homepage of Legal funding

Comments

There are No Comments

Name:

Email:

Message:


Enter code in image above:

 

 

  
Apply Free In Seconds
First Name

Last Name

Phone Number

Email Address *

Attorney Information

Attorney First Name

Attorney Last Name

Attorney Phone Number