What are Non-Recourse Lawsuit Loans?

Although the phrase “non-recourse lawsuit loan” is commonly used to describe legal funding or pre-settlement cash advances, the truth is that most transactions involving plaintiff and lawsuit funding companies are not “loans” in the traditional sense of the word. When a case is approved for a non recourse lawsuit loan, the two parties entering into…

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Legitimate Attorney Concerns with Lawsuit Funding

Origination of new legal funding business usually comes in two forms.  Either the client contacts the lawsuit loan company or a lawyer refers one of his clients who need immediate cash against his/her case.  Attorney referrals are the ideal way to secure funding because the referring attorney usually understands the funding business and can secure…

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What is the Best Way for Attorneys to Handle Lawsuit Funding?

In the last post, we discussed how an unregulated lawsuit funding market allows for increased flexibility and touched on how that flexibility may be able to help attorneys and their clients in the realm of pre-settlement funding.  The post also touched on an approach which, if implemented correctly, allows the attorney to utilize this flexibility…

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