LAWSUIT FINANCING
Lawsuit financing can help Americans fight against the unscrupulous tactics of defense lawyers and insurance companies
Lawsuit financing is the use of a 3rd party to borrow against the expected settlement or award from a successful pending court case. We here at AM Legal Funding are New York's premier lawsuit financing company. We realize this is never an easy decision and always maintain a policy of no obligation. If AM Legal Funding makes an offer, it's always the client's decision as to whether accept lawsuit funding. There are no high pressure sales tactics, it's solely up to the client as to whether they wish to accept lawsuit financing. Furthermore, we make our decisions quickly. We can arrive at a decision within 48 hours for the large majority of cases. All applications for lawsuit financing with AM Legal Funding are decided upon with one week. Such expedience can be extremely helpful when the plaintiff is looking at mounting legal bills, missed work, extra child-care, etc.
Unfortunately, the real world doesn't wait for the legal system to catch up; especially not the 21st century version of our legal system. As bills pile up, no matter how certain the outcome of a case may be, plaintiffs may be forced to take action before they receive what is coming to them. If someone decides to accept lawsuit financing from AM Legal Funding, they receive their funds quickly as discussed. AM Legal Funding works with their team of experts, as well as the plaintiff's attorney, to judge the merits of the case. If the expected result is favorable, an offer is made to the plaintiff and they can choose whether to accept it or decline. If they accept the offer and the case proves successful (via award by the court or a settlement) the lawsuit financing is paid back to AM Legal Funding along with an interest payment agreed by both parties before the contract is agreed to. This is critical, in the wake of the mortgage crisis.
Time pressure, above all else, has made lawsuit financing a necessary utility
AM Legal Funding ensures that the amount of interest that will be due upon a successful resolution is made clear to the plaintiff before any agreement is made. If the case should be lost or a settlement is never reached, nothing provided by AM Legal Funding is owed. We are in the business of assisting people who are in untenable positions against well funded lawyers and insurance companies. Adding to the debt of someone who already has medical bills, missed work expenses, among other things, is not in our interests. Lawsuit financing works by giving people that would have otherwise accepted too small of a settlement or abandoned their cases altogether, the time to fight for justice and an appropriate reward. Time is on the side of the well-financed, and that, all too-often, is the high-priced defense attorneys and their insurers. AM Legal Funding adheres to the strictest standards of legal confidentiality. An offer of lawsuit financing is not guaranteed by AM Legal Funding. All offers of lawsuit financing will be made based on the facts of the case and any offer made will be made with no obligation.
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