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Legal funding

Litigation finance

February, 05 2010
AM Legal Funding Team
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"Litigation finance can assist with negligence cases that are bogged down by defense attorney tactics."

Every day there are more and more negligence cases filed in this country.  Because of the economic downturn, every injury that is caused as the result of someone else's carelessness is cause for a lawsuit.  These lawsuits now have interminable delays due to attorneys attempting to get the average person to drop the case or take a substandard settlement.  People that are the victim of negligence are generally under financial pressure because of medical bills or lost salary.  Litigation finance is a type of loan that attempts to bridge the gap between when the negligence occurs and when a settlement is reached. 

The American justice system is fair because it has so many opportunities for appeals.  Every side has their chance to make sure their voice is heard.  With that, the potential for abuse also exists.  If a large corporation that is guilty of negligence files many motions and continuances solely to stall on paying, everyone suffers.  Fortunately, litigation finance can begin to help alleviate this problem.  Litigation finance is an advance on an expected settlement.  AM Legal Funding is one of the leaders in litigation finance and is helping to adjust how efficiently the legal system works.  The company works with the plaintiff and their attorney to determine a fair advance that allows bills to be paid and the case to be fought to its logical conclusion. 

"Litigation finance can undo the advantage that well financed insurance companies have."

Litigation finance is a new trend because defense attorneys and insurance companies prefer to battle against adversaries that don't have as many options.  Most litigation finance can be handled quickly.  After consulting with a plaintiff and their attorney, the money is generally made available within a week.  Litigation finance can be used for any reason.  If there are mounting medical bills they can be paid.  If there are legal bills, those can be handled.  Many weeks and months of missed work can be made up with litigation financing.  Most importantly, once the financial pressure has been alleviated, the negligence case can be fought with renewed vigor.  There is no concern about possibly having to drop the case or take the first offer that is presented. 

People who don't realize they have the option for litigation finance often get so bogged down with the case that they are forced to accept the first offer that comes.  AM Legal Funding will review any case, but almost all cases where the possibility of a  settlement exists are probably going to qualify for litigation finance.  Lawsuit finance isn't a typical loan, if there is no settlement or award then nothing is ever owed to AM Legal Funding.  There is no risk in litigation finance.  AM Legal Funding is not in the business of adding to the misery of someone who is the victim of negligence.  Litigation finance is designed to even out the unfairness of the current legal system.  There is no obligation to have a case reviewed by one of AM Legal Funding's experts.  Any offer of litigation does not need to be accepted. 

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