Letters of Protection – What You Need to Know An LOP is an acronym for Letter of Protection often given by personal injury attorneys in return for services performed for their clients in anticipation of settlement. This post will discuss letters of protection, what they are, why they are used and how they compare with…
There is a great deal of talk about certain companies offering low interest lawsuit loans more than others. Much of it is used as marketing to separate one company from another. Let’s face it – money is money. So lawsuit funding companies have to differentiate themselves somehow. Some do this by pronouncing they offer low…
When offering a cash advance for a pending case, lawsuit funding companies analyze a wide variety of information. At Fair Rate Funding, we frequently are asked how the client can help us during the case loan process. Below is a brief outline of the steps clients can take to help obtain cash for their lawsuit. Gather…
A Lawsuit Loan Offers Immediate Financial Relief to Plaintiffs Who Need Cash Now! The lawsuit loan, also known as lawsuit funding or pre-settlement funding, is quite a unique investment. The structure of the lawsuit loan allows investors to assist plaintiffs in ongoing litigation with immediate cash to help pay their expenses while the lawsuit is…
Lawsuit Funding Buyouts Show Flexibility Often, clients receive lawsuit funding and later need more money than their original lawsuit cash advance. Lawsuit funding companies usually give more money to a plaintiff/client with a strong enough case to justify the additional risk. But the determination is subjective. That is, the lawsuit funding company can simply refuse…
Lawsuit loans, otherwise known as lawsuit funding, case loans, lawsuit cash advances, settlement loans or pre settlement funding is a complex financial business providing immediate cash in return for a portion of the future proceeds of a lawsuit. Lawsuit funding’s aim is to help litigants ‘weather the storm’ financially while they wait for their case…
After a slip and fall accident, a Texas woman sued a national grocery store chain for injuries sustained while shopping at their Friendswood, Texas location. The plaintiff, Jacqueline Collins, states she was shopping at the Kroger Supermarket located at 151 North Friendswood Dr on June 10th when she slipped on a clear liquid and fell…
A Union Pacific train conductor has been awarded over $900K in a FELA (Federal Employers Liability Act) lawsuit stemming from a 2010 derailment that left the man injured and unable to return to work. The plaintiff in the case, Loren Sweley, age 68, was working as conductor of a Union Pacific train in January of…
A FedEx truck driver has filed suit against the city of Memphis and its former Police Chief after an auto accident on June 23rd. The civil action lawsuit, filed in Macomb County Circuit Court, stems from a two-car accident which left both vehicles totaled and left the FedEx truck driver, Sean Wood, seriously injured. Former…
A staffer at a Chelsea homeless shelter has filed suit against the city of New York and the shelter itself after being repeatedly harassed and finally groped by clients of the shelter. Irene Spear, age 42, filed suit against NYC and BRC Shelter on West 25th after she claims to have been assaulted by clients…