Fair Rate Funding Offers Montana (MT) Lawsuit Loans.
Montana plaintiffs can file lawsuits for a variety of reasons. Montana lawsuits loans are financial transactions which seek to bridge the gap between filing and settlement. MT lawsuit loans offer immediate cash to plaintiffs to meet their everyday needs. Fair Rate Funding offers plaintiffs financial flexibility to refuse low-ball settlement offers and hold out for just compensation.
Montana plaintiffs file lawsuits for a variety of reasons. Car accidents, slip and fall injuries, discrimination, wrongful termination, workplace accidents, malpractice cases and more can be the basis of these lawsuits. The one common theme throughout these types of cases is they must all navigate through the judicial process. That is, they all must go through the court system. And going through the legal system takes time – often years.
The Montana Judicial Process
There are only so much resources to go around. States must allocate those resources by evaluating needs. In other words, state governments must decide how many roads to build/fix and balance that need with the citizen’s need to have their disputes decided in court.
The response is that state funds are divided and serve all the competing needs. The good news is that all needs are being met. The bad news is the needs are met on their own time frame.
That is the reality and like it or not, it applies to the legal system. The courts specifically designed to judge disputes between parties, also known as civil courts, are particularly backlogged. Civil lawsuits take time and plaintiffs can wait years before they realize justice. It is just a flaw in an otherwise valuable system.
The Need for Montana Lawsuit Loans
Many plaintiffs in Montana need financial assistance at some point during their case. If they are involved in personal injury cases, they may need time time off work to recover. Montana lawsuits can eat up most or all of a plaintiffs monthly income. This leaves them struggling to pay expenses such as:
- mortgage payments
- and other living expenses
Compounding the problem is that financially strong insurance companies intentionally prolong the legal process. This sometimes forces struggling plaintiffs to accept “low-ball” settlement offers. Montana lawsuit loans from Fair Rate Funding can help.
What is an Montana Lawsuit Loan?
A Montana lawsuit loan is a specialty finance transaction in which a plaintiff sells a portion of the future proceeds of a lawsuit to a settlement funding company, like Fair Rate Funding. In return, the plaintiff receives immediate cash, prior to settlement. Plaintiffs are able to meet their immediate financial needs and their attorney can pursue a better settlement.
If the case is successful, the lawsuit loan is repaid by plaintiff’s attorney. If the case is lost, the lawsuit “loan” is not repaid. This is called non-recourse funding and means lawsuit loans are not really loans at all.
What Does a Montana Lawsuit Loan Cost?
The cost for a Montana lawsuit can vary from one company to another. Some companies are afraid from exposing lawsuit loan rates on their websites. Most likely they are trying to “bait and switch” their clients into a more expensive transaction.
Generally, Montana lawsuit loan rates average about 3% per month, non-compounding for each 6 month period that elapses between funding and settlement.
What is the Difference between a Lawsuit Loan and a Regular Loan?
Although Montana lawsuit funding contracts are called lawsuit “loans”, lawsuit loans are different than traditional loans. A traditional loan implies that the amounts will be paid at some point in the future. A lawsuit loan in MT is only repaid if you win. Legal funding loans are therefore, “non-recourse” funding. This means the sole method of repayment is the lawsuit itself. The funding company cannot pursue the plaintiff personally if the case is lost.
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What Types of Cases Qualify?
If you are a plaintiff waiting to settle your case and are looking for immediate cash, Fair Rate Funding can help. We provide Montana lawsuit loans for the following types of cases:
- Animal & Dog Bites
- Amusement Park
- Assault & Battery
- Automobile Accidents
- Asbestos Cases
- Aviation Accidents
- Bicycle Accidents
- Boating Accidents
- Birth Injuries
- Brain Injuries
- Burn Injury
- Bus Accidents
- Car Accidents
- Catastrophic Injuries
- Construction Accidents
- Defective Products
- Drug & Pharma Cases
- Medical Malpractice
- Motorcycle Accidents
- Motor Vehicle Accidents
- Nursing Home Negligence
- Pedestrian Accidents
- Personal Injury
- Premises Liability
How to Apply?
We currently service plaintiffs throughout the entire state of Montana. This includes the following metropolitan areas:
- Great Falls
We know you have a choice of lawsuit settlement funding companies and are happy to assist you in your time of need. To obtain settlement funding in the quickest and easiest manner, please fill out the submission form. One of our agents will contact you immediately and start the process.
If you have any questions, give us a call TOLL FREE at 888-964-2224. We are here to help!
In addition to Montana, we provide settlement funding for lawsuits for the following states: Alabama, Alaska, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Massachusetts, Michigan, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming and the District of Columbia.
Thank you for choosing Fair Rate Funding for Montana lawsuit loans.