Lawsuit Loans are the cash advances that can be gotten for a lawsuit. It is very common in the Louisiana State, United States of America. It is a cash advance given for a pending lawsuit. The amount given will be less than the amount sought depending on the type of the case for the lawsuit is claimed. The merits of the lawsuit are also considered while giving this cash advance. The loans are very much different from that of the normal traditional loans. The traditional loans have to be settled at any time irrespective of the cause. But these loans are settled only if the lawsuit by the plaintiff is successful else the plaintiff owes nothing to the lawyer and the company.
Before you apply for this loan, we will verify all the details of your case and determine the chances of winning the cases. If the chances are high, we will provide you with a lawsuit loan. We do not accept all the lawsuits. We accept only the lawsuits whose reasons are valid and strong enough. We require some information from the plaintiff before processing the case. The name of the law firm and address has to be submitted by the plaintiff. We will ask for the details about the Attorney such as name, phone number, fax etc. While filling the application form. So it is advisable to fill the form with the Attorney who is handling your case.
The Attorney must be informed by the plaintiff about all the case details so that it would be easy for us to contact the Attorney for information. The procedure to obtain lawsuit loans is very simple and it is totally risk free for the plaintiff. The plaintiff has to repay the loan only if the case settles else he need not. This is also an advantage for the plaintiff. A lawsuit loan is not a substitute for the loss incurred by the plaintiff and it helps the plaintiff to settle some immediate needs with that money given by the company. A plaintiff should not apply more than one company at a time. Else, he would be rejected by all. The plaintiff has to fill an application form and he can handle it to us directly or he can submit through online as well.
As soon as the form is received, we contact the plaintiff and the Attorney to discuss about the case. It is the plaintiff’s duty to solve our queries while processing the case. After all the document verification is over, we will issue a contract to the Attorney’s office in which both the plaintiff and the Attorney should sign. After the approval of the case, the money is issued within hours through wireless net banking. Some plaintiffs can get the money on the same day which is based on the type of the case they involved. The money can be provided in the form of cash as well as cheque depending upon the choice of the plaintiff. The privacy of the plaintiff is considered important here.