Speeding Things Up with Litigation Financing

Mar 17, 2010

One of the things that most people don’t realize is that the litigation process can be long. Many people assume that once they get involved in litigation it will go very quickly. This, however, is definitely not the case. Most people who are in litigation wait months or years in order to get the settlement that they are looking for, and some commercial disputes can take even longer before the person who is involved in a litigation process receives the settlement that they deserve. This, however, can be very problematic, especially if you are injured and unable to work. How can you pay for your medical bills and your monthly bills when you have to wait on a settlement?

Litigation Financing

One way to help you is to look to litigation financing. Litigation financing is a way for clients to get the money that they need before having to wait for the settlement to be reached. Defense attorneys for litigation cases are well-versed in how to stall a case. They try to hold up the case in order to get the plaintiff in the case to become willing to accept less money. Too many times this tactic has worked so well that the plaintiffs have even given up the idea of ever getting any money from their settlement.
Litigation financing, however, allows you to be able to have the funds that you need in order to wait out the litigation process without having to borrow money from a bank or some other lender who will demand immediate repayment. Litigation financing is all about getting you the funds that you need now, so that you don’t have to wait to pay your bills any longer. One of the best things about litigation financing is that, unlike loans, you do not have to wait until your case has reached a settlement before you can apply. You can actually apply for financing when the case is still pending. This allows the plaintiff to have the security of having the funds that they need without having to wait for the case to be settled.

Getting the Money

Getting money from litigation financing is a great deal easier than getting a settlement from the court system. This is because litigation financers realize that the people who are applying for the financing are in dire needs to get their money, and they also know how long litigation can take. That is why most people who apply for litigation financing have the money that they so desperately need within an extremely short amount of time, allowing them to pay off their bills and to get the medical treatment that they may need. If you’re interested in litigation financing, Lawsuit Hotline can help you to get the monies that you need while you are waiting for your case to reach a settlement in the court system.