Lawsuit Settlement Loans are loans settled in a pending lawsuit. These loans are non recourse in nature. This means that if the plaintiff’s case does not win, the money lender has no rights to collect the money from the plaintiff. This is an advantage for the plaintiff. If your case is lost, you owe to the lender nothing. It is not a loan actually it is just a cash advance from the moneylenders. There will be many lenders to lend money. The plaintiff has to select the right lender for his case with the help of his Attorney or lawyer.
It differs from the normal loans in many ways. The rates and the interests associated with the normal loans are very high compared to our Lawsuit settlement loans. They undergo your case credits, money balance in your account and check whether the plaintiff is able to repay the amount borrowed or not. We would not employ such requirements. To get these loans, the plaintiff must have a correct lawsuit in the case applied and an Attorney or a lawyer to support him till the case ends. The Attorney can be paid after the settlement of the case by the plaintiff.
Before applying for the lawsuit, the plaintiff must check whether he is eligible for our requirements and then only he can precede the case. He should check the case applied from the lender side whether the reason is strong enough and valid. If he thinks so, he can apply for the lawsuit settlement loans. The details about the Attorney must also be known to the plaintiff before he fills the application. The Attorney in turn must also be kept informed about the process and each and every detail about the case. The Attorney will be called by us for getting details about the case, with the permission of the plaintiff.
There are many advantages to the plaintiff if he applies to our lawsuit settlement loans. There is no risk for the litigant to settle the amount. If the amount settled by the opposite party is less than the amount borrowed by the plaintiff, he need not repay the amount. He can use the money for his own purpose and he can keep the money with him. We do not employ credit card checks and there are no other formalities like other financial institutions.
The plaintiff need not worry about the case and the repayments till the case is settled. Once all the original documents are submitted, the loan is issued within hours after the approval of the lawsuit. It is better to follow the advice of the Attorney in all aspects of the cases. You can also fill the details present in the website if you have any queries about the process and we will clear you for free. We respect the privacy of the plaintiff more than any other. There is no need to pay any fee for the application and there are no upfront fee paid before the case gets settled.