Atlantic County Lawsuit Funding Supports Civil Litigants
Atlantic County lawsuit loans allow plaintiffs to pay their expenses while their lawsuits are litigated in court. Also known as lawsuit funding, Atlantic County lawsuit loans level the financial playing field between plaintiffs and deep pocketed insurance companies which often defend against their claims. The financial support allows attorneys the time they need to pursue the case properly and obtain a fair settlement for their clients.
Atlantic County Location and Background
Atlantic County is part of the Jersey Shore and located in southern New Jersey. Consisting of beach towns, urban areas and pine lands, Atlantic County’s diverse geography makes it unique. Atlantic County borders Ocean County to the north, Cape May County to the South, Burlington, Camden and Gloucester Counties to the west, and Cumberland County to the Southwest. Atlantic County is NJ’s fifteenth most populated county with over 250,000 residents. New York City is 100 miles to the north and Philadelphia, approximately 60 miles northwest. Most consider Atlantic County to be part of the Philadelphia metropolitan area.
The most populated part of Atlantic County lies near the Atlantic City area in the east. These include Egg Harbor Township, Atlantic City, Galloway, Hamilton and others. Atlantic City has been a tourist destination since the 1800’s when it was known as a health resort. Presently, Atlantic City is home of the states gambling operations with a large number of hotel/casinos, restaurants and night clubs. Atlantic City is the cultural hub of southern NJ and attracts many world renowned comedians, musical performers and other acts to the area. These in turn attract visitors who visit the casinos and beaches in the area.
The western part of Atlantic County is part of the Pine Barrens – a unique ecological system located in New Jersey. The Pinelands has over 800,000 acres of forest and is the biggest surviving forest on the eastern seaboard south of the North Woods in the State of Maine.
Located in the Wharton State Forest is Batsto Village. The village is nationally recognized as a historic site and was once the home to iron and glass making industries centuries ago. None of the industry still remains but many restored historic buildings, a museum and visitors center attract visitors to the southern part of the park.
Atlantic County Lawsuits
Millions of people travel to Atlantic County every year. This brings economic stimulus and cultural experiences to the area. Unfortunately, large amount of people in a small area has its downside. At the Jersey Shore, visitors and residents alike can expect more dangerous conditions on roadways and thus more accidents. Atlantic City is a year round destination yet tourism peaks in the summer months. According to the NJ Department of Transportation, Ocean County had almost 5,500 crashes in 2020 and almost 15,000 in 2019. Of those crashes, over 1,400 reported injuries in 2020. Also, the large amount of business patrons in the area can lead to an increase in slip and fall type negligence claims during the tourist season.
Accidents can result in serious injuries and inevitably result in lawsuits where injured parties seek compensation for their conditions. Plaintiffs usually will file their lawsuits in the Superior Court of New Jersey, Atlantic County located in Mays Landing. Mays landing is the county seat and also houses other county facilities and offices.
Unfortunately for injured and other plaintiffs, the legal process takes some time as the number of cases overwhelms the local courts’ ability to decide them. Plaintiffs fight the “crowded docket” and can wait several years before their claims resolve. Even more unfortunate is that many injured plaintiffs are unable able to work leaving them in financial straights while they wait out the process. This situation sometimes forces plaintiffs to accept low-ball settlements just to keep from falling further into financial trouble.
Atlantic County lawsuit loans are one possible solution.
What is a Atlantic County Lawsuit Loan?
Lawsuit loans are financial transactions where plaintiffs sell a portion of their lawsuit settlement. In return, lawsuit funding companies advance immediate cash to support whatever financial problems plaintiffs might have. Settlement loans are normally used to pay for:
- past debts
- surgery and medical treatment
- transportation costs
- and more. . .
There are actually no restrictions on the use of Atlantic County lawsuit loans, They can be used in any manner whatsoever. After all, it’s the plaintiff’s settlement, they are just receiving part of it ahead of time.
Differences between loans and lawsuit loans
Lawsuit loans are not “loans” in the traditional sense since repayment depends on a successful outcome. Instead, plaintiffs assign part of the settlement proceeds to the lawsuit funder. If the case is lost, the lawsuit loan is not repaid. Since the settlement MUST be the source of repayment, the company cannot pursue the plaintiff personally. For this reason, Atlantic County lawsuit loans are non-recourse funding.
To learn more about lawsuit loans visit our frequently asked questions page.
If You Have Any Questions, Call 888-964-2224
Atlantic County, NJ Towns and Cities
Ocean County consists of 23 municipalities. Ocean County lawsuit loans are available in the following cities:
- Atlantic City
- Buena Vista
- Corbin City
- Egg Harbor
- Egg Harbor City
- Estell Manor
- Margate City
- Port Republic
- Somers Point
- Ventnor City
Getting Started with Atlantic County Lawsuit Loans
To be eligible for Atlantic County lawsuit loans you must:
- have a pending claim
- be over the age of 18 and
- be represented by an attorney.
The lawsuit funding process begins with a Quick Application. After we speak to you about your options, we contact your attorney to discuss the details of your case. Once approved, you sign and return the funding agreement. When received, you receive your lawsuit loan. It’s really that simple!
Remember, we NEVER get involved with the handling of your case. That is between you and your attorney. We simply wait on the settlement just as you would. We are your silent partner and will remain that way.