Lawsuit Advances- 10 Things To Consider Before Applying

Learnng About Lawsuit Advances

Here are some facts that every person considering a lawsuit loan or advance should know. Understanding how litigation funding works, can help to make the right decision about lawsuit funding. Other terms that are used for this type of funding are, pre-settlement loan, lawsuit loan, case loan, lawsuit cash advance, plaintiff cash advance, litigation funding or finance, lawsuit funding, etc.

1. Plaintiffs should not think of an advance to solve all of their cash flow problems, and should understand that an advance is not another way to get cash for their settlement. It is an advance to enable the plaintiff to meet expenses until the case settles either in or out of court.

2. Litigation funding is not really a "loan". It's a cash advance based on the strength of the case that an investor of a litigation case is willing to advance on the possible successful outcome of the case. Companies that do these types of advances, invest in the lawsuit itself, rather than advancing cash to plaintiffs in the form of a loan. These are non recourse advances, which mean that if there is no recovery in the case, the plaintiff only pays back the advance if the case is successful. Attorneys take these cases on a contingency bases, and they too, only get paid if the recovery is successful.

3. Lawsuit loans do not require credit checks, employment, or bankruptcy status. It is based strictly on the strength of the case. There are no risks for the plaintiff and no monthly payments to be made as with traditional loans.

4. Although similar in what they do, each company is different, and charge fees and interest differently. Because lawsuit finance companies take on a lot of risk

on these cases, the interest rates will vary depending on the amount of risk involved in the case. Even good cases can sometimes be thrown out by the court, and called "frivolous." With this in mind, investors charge high rates on successful cases in order to make up for the cases that are unsuccessful.

5. Fees that are asocciated with lawsuit finance are different with each company.

In general the fees include: underwriting, origination, and multiplier fees. Some also have documentation, closing, and premature pay-off fees. These fees are added to the amount of the payback, and are based on how long it takes for the case to settle. Be sure to check with each company for their terms before applying. As with traditional types of loans, certain fees apply.

6. Use alternative funding whenever possible, because lawsuit loans can be expensive. Traditonal funding sources, do however, require monthly payments which can also strain the budget.

7. Investors will advance up to 10% of what they feel the case is worth, and will talk with the attorney to help determine the viability and value of the case.

8. Cases that are not approved for funding, do not mean that it isn't a good case, it just means that investors are not interested in the case. Sometimes the case is not worth what the plaintiff is asking for an advance. Funders determine the amount they are willing to invest, sometimes less than what the plaintiff requests.

9. Other reasons for a denial are the unwillingness of the attorney to either supply the necessary information, or sign the contract to put the lien on the recovery.

10.When approved for funding, a written agreement is signed by the plaintiff and the attorney puts a lien on the successful outcome of the case. Cash is received in 24-48 hours of the investor receiving the executed agreement.

In Conclusion, a plaintiff applying for a lawsuit advance, should understand the process and make the decision if that is the best way to proceed. This way the plaintiff won't be disappointed because it wasn't what was expected.

Author:

Linda Hughes is the founder and president of Freedom First Funding, and is a full service legal funding broker, experienced in helping plaintiffs thoughout the US, obtain advances on their pending lawsuits. Freedom First Funding is not a lawsuit lending company, but is an independent third party that works through a network of national companies.

http://www.freedomfirstfunding.com/ 360 892 6667 TF: 877 386 3374

lhughes@ftreedomfirstfunding.com

Motorcycle Accident Claims

Getting Compensation for Motorcycle Accidents

Motorcycles and motorbikes are vehicles that are involved in only a small portion of road accidents. Past statistics show that only about 1% of traffic on our highways are motorcycle and motorbikeriders. Ridership is increasing steadily though, because of today's extremely high energy costs. Many drivers are abandoning their larger SUV's and autos in exchange for a motorscooter or motorcycle which only takes a few gallons to fill the tank, and gets great gas mileage. Motorcycle accident claims are small in number, but they suffer 19% of deaths and serious injuries.

In 2002, over 600 motorcyclists died in traffic accidents, and 7000 suffered from serious injuries. Head injuries are the most common cause of death and serious injuries for motorcyclists, and are 45 times more likely to be killed than a driver of a car.

Causes of Motorcylce Accidents

There are a number of reasons that cause accidents such as other road users, poor highway maintenance of road surfaces,and the lack of any type of physical restraints or protection for the rider. Another problem is the lack of visibility to other highway users. There is only a 1/3 visibility of that of an automobile.

General Rules For Motorcycle Accidents

First, if the police are on the scene, always make sure that a detailed report of the accident is taken, even if it seems unimportant. The smallest damage of the bike, personal injury, or anything carried on the bike can be important for a successful accident claim.

Second, you can make a claim for compensation if the accident was not your fault or was only partially your fault. The speed at which you were traveling, along with whether you were wearing a protective helmet will be among the details that will be important when fault is being determined.

Third, accidents should be reported as soon as possible because timeliness is very important. If the person responsible for the accident either doesn't stop or has no insurance, you still can make a claim. It will however, be handled by the Motor Insurers Bureau, and is an organization that provides compensation for accident victims involving unisured drivers, and hit and run cases.

Is It Easy? No

Dealing with a motorcycle accident or injury can be complicated and needs to be taken care of quickly and with professional help. What if you've been seriously injured and can't take care of it quickly? The best thing you can do, is to find a personal injury attorney to handle your claim details for things like injury assessment, accident reports, claim preparations, and so on.

Most importantly, you don't have to risk anything because of a "no win- no fee" arrangement, that means if your case wins, you keep the settlement, and if it loses, your attorney pays all the cost.

Don't Take Extra Risk - Be Safe

Although motorcycle riding is a wonderful experience, it is very risky, and injuries can be very serious. Don't take another risk by trying to handle your claim by yourself after an accident, or employ a company that cares more about the money than about your wellbeing and a successful claim. Use a personal injury attorney that will take your case on a "contingency" basis.(No win-No Pay)

There are companies that advance cash on pending lawsuits that are only repaid when and if your case reaches a successful recovery. There are no risks, no monthly payments, noupfront fees, and no credit checks on lawsuit loans.

Freedom First Funding offers Free Consultations for advanbces on pending Lawsuits. Call today to see if your case qualifies for a Cash Advance to help with expenses until your case settles. 360 892 6667 toll free: 877 386 3374

http://www.freedomfirstfunding.com/

Grow Your Law Firm With Litigation Funding

Law Firm Financing

Contingency arrangements in the legal profession were

designed to help the "little guy" stand up to big and powerful

defendents, and help them overcome inspite of tremendous

inequities. Lawsuit advances help to ensure justice for the

small plaintiff in cases where the two parties in a courtroom

are not evenly matched in financial resources.

A plaintiff with modest resources, no longer needs to have a lot of cash to

address an injustice. When a plaintiff has no alternative than to enter a court case, attorneys will sometimes take on the case on a contingency basis. The plaintiff does not pay any fees until the case reaches a favorable settlement. If the attorney is unsuccessful in winning the case or negotiating an adequate out of court settlement, they receive no compensation and the plaintiff pays nothing.

Contingency cases create a challenge for attorneys because they also have to

wait months or years for a settlement, just as the plaintiff does. The attorney puts in effort and resources which can result in a subtantial drain of the law

firms cash flow. When a firm takes on several of these cases, it becomes very difficult. They still need to pay the staff and keep the business running,

whether their cases have settled favorably or not. Cases like personal injury, wrongful death, malpractice, and others.

Law firm financing can be a solution for these cases. Law firm financing allows

attorneys and law firms to get a cash advance against a package of cases. While plaintiff cash advances offer cash up front for one case, law firm advances help with the needs of the attorney and firm against a number of pending lawsuits and appeals cases. These types of advances can be used for expert witnesses,

and other things to give them a position of strength, and helps to cover expenses while they are trying to obtain justice for their clients. This gives them time to

get the best possible settlement for their clients, while enabling them to take on more cases, which keeps the firm growing. Law firm funding helps legal professionals grow their practices and client bases.

There are special sections where lawfirms can learn about business lawsuit funding. This information is for attorneys that want to give the highest level of service to their clients and lay the groundwork for their practices.

Apply Today! Freedom First Funding

360 892 6667 Toll Free: 877 386 3374

http://www.freedomfirstfunding.com/

lhughes@freedomfirstfunding.com

Top Tips to Stretch Your Lawsuit Advance

Stretching Your Advance

After receiving your lawsuit advance, you must use it very carefully to make sure you can stretch your cash as long as possible, until your case settles. In many cases you can apply for another advance, depending on the value of your case. By stretching out your advance, it increases the final payout that you receive from your settlement when your case is resolved.

Basic Steps From Former Plaintiffs

1. Pay only the minimum on your debts and bills. Don't worry about trying to pay them off at this time. Keeping your bills current now, will enable you to pay them off or pay them down substantialy, when your case settles favorably. Even though it is tempting to pay off credit cards and other debts, it is important to be able to pay monthly bills in the future. Always try to avoid penalties and late fees that increase your interest rate and balances.

2. Slice unneeded expenses like eating out, buying unecessary items and services. Your cash should only go for essentials. List your expenses and monthly bills to see if you can cut out anything out of your budget. Use your advance carefully and eliminate excess spending. Cancel magazines, and newspapers. Either downgrade or discontinue cable tv services. Cook all your meals at home.

These are just a few ways to save money.

3. Use cash for your purchases. Studies show that when credit and debit cards are used, there is a tendancy to overspend. So leave them at home and only take the minimum cash with you for your purchases. Set a daily limit for spending and stick to it.

4. Call your creditors and try to negotiate lower monthly payments for a few months. This helps tremendously if you are already behind on your bills. Ask the lender to drop late charge penalties and non payment fees. Ask them if you can pay less for a few months. They don't want you to default or refinance with another lender. Often they are willing to work with you to keep your business and

keep payments coming in. You will agree to pay a little less each month for a while, and eventually pay more to make up the difference. It is important to keep your bills current with your cash advance. If the lender agrees to let you pay less for a while, always make sure your payments are made on time.

By using your advance on neccessary expenses only, you ensure more settlement money when your case is settled either in or out of court. if you lose or abandon your case, careful use of your advance will help you to make the most of your advance. Keeping current on your expenses while rebuilding your life, will give you a fresh start financially.

Apply today to see if your case qualifies for funding.

Freedom First Funding

FREE CONSULTATIONS 360 892 6667 toll free: 877 386 3374 (funder4)

http://www.freedomfirstfunding.com/

Personal Injury Lawsuit Advances

Personal Injury Advances Are Quick And Easy

Personal injury is often caused by the negligence of another person or entity. Victims of personal injury by negligence may be eligible for compensation for their injuries provided that the responsible party has enough insurance coverage to take care of the damages. Personal injury cases in the US increases steadily each year. Many of the less catastrophic injuries are settled out of court, while many must go through the clogged legal system. Personal injuries

can cause financial burdens for the victims or their families. This is where a lawsuit advance can help.

Personal injury advances are a way to get cash before the case is settled. This means that you can get an advance against the successful recovery of your case. This is cash that can be used for paying bills, credit cards, medical expenses, and so on. You use it however you wish. These are non recourse fundings that are only paid back when and if your case has a successful recovery. Advances also help your attorney to get a better settlement for your case because they can focus on your case and get the best possible value for you.

There are many types of personal injuries that can be funded, although there are some lenders that only do certain types of cases. Be sure to do the research before applying.

After you apply for a personal injury advance, the lender will be in touch with your attorney to determine the strength and value of your case. The lender will require certain documents from your attorney to determine the viability of your claim. Because the lender takes the risk, it is important for them to only invest in the cases that they feel have the best chance of being compensated.

When the case is approved, a contract is sent to your attorney and if you agree to the terms, the contract is signed ands then faxed to the lender. The lender will advance up to 10% of what they feel your case is worth.Your cash can be received within 24-48 business hours of receiving the completed contract. The contract outlines what the payback is, based on the amount of time it takes to settle your case. The rate of interest varies from 2.99% up to 5.99% depending on the risk of your case. Rates are higher than bank rates because the lender takes all the risk. Bank loans, however, must be repaid each month.

There are no credit or employment checks or co-signers needed, and there are no upfront fees to be paid.

Lawsuit advances can help eliminate the stress of financial burdens.

Freedom First Funding is a legal funding service that matches plaintiffs that are looking for cash advances, with lenders that invest in these types of cases. If you are looking for a cash advance, please call us or visit us on the web.

350 892 6667 Toll Free: 877 386 3374

www.freedomfirstfunding.com

Back Pain-What Your Chiropractor Won't Tell You

What Your Chiropractor May Not Tell You About Back Pain

70 to 90% of the population will have some form of back pain at some time or another. knowing about back pain relief is a welcome and appreciated topic. The best way to learn about

backpain relief is to understand the basics. How it is caused, diagnosed,treated, and how to manage the pain. We will cover the basics.

Facts and Myths

In order to separate fact and fiction about back pain, let's look at some facts. About 1% of acute lower back pain, is because of a serious infection or conditon such as cancer or a spinal injury. People under 50 experience even less.Back pain is the number one disability for those under 45, running second only to the "common cold", as to why people visit healthcare providers in the US.

Myth #1

"There isn't anything wrong with you" is what many doctors tell those with chronic back pain. 90% of those are not correct.The majority of back pain comes

from an unknown source, such as an injury or infection, and usually last anywhere from four to six weeks.

Myth #2

"Back pain won't cause death.". Pain, combined with depression and anxety, over long periods of time, suffer risk of suicide from time to time.

Myth #3

"Back pain almost always requires surgery." Wrong! Only 2% of people with back pain need surgery. It is however, the third top reason for surgery.

Myth #4

"Only a small percentage of workers suffer from back pain resulting from their job". False. The top occupational injury in the US, is back injury.

Myth #5

"Laying down relieves back pain". Wrong. Bed rest often aggrevates back pain. Doctors recommend staying active to shorten recovery time.

Myth #6

"Women suffer less back pain than men". Also False. Gender has nothing to do with pain. The only differnce is with secondary pain to disk disorders during middle age. In regards to race, Caucasians suffer more back pain than other races.

Myth #7

"Pain that lacks a regular and consistant pattern, is exaggerated or imagined".

No two people are the same, so no two back pain cases are the same. Lifestyle and activities vary so much that there is no way to accurately describe the problem.

Freedom First Funding can help you determine if you have an injury claim in which you may receive a cash advance before your case settles either in or out of court.

Free No Obligation Consultations! 360 892 6667 TF 877 386 3374

http://www.freedomfirstfunding.com/

Auto Accident Injuries

An Auto Accident Happen Every 10 Seconds

In America, an auto accident happens every 10 seconds. Amazing, but true!

It's no wonder that with this high number of accidents, that personal injurylawsuits are the number one lawsuit in our courts today. First and foremost in an auto accident, is the element of negligence. For the plaintiff to receive any type compensation from an accident, you must be able to prove negligence of another person, company or entity. When looking to prove negligence on the part of another, you should look for these factors to substantiate your claim.

The negligence must have been the direct cause of the auto accident, and caused either you or your property to be damaged by the accident. The negligent party must have enough insurance for you to collect damages. Should you have proof of these factors, you have a legal personal inkury claim. You should always consult a good personal injury attorney that will work with you through the process, and advise you if you have a valid claim.

Proving Negligence

Afteran accident, you are in shock and don't always think about the best way to proceed, and you may miss vital information. After being in an auto accident, it isn't always easy to determine who was at fault for the accident Eyewitness accounts, accident reports, and traffic laws, are very important information in deciding fault. You should look out for:

Was the driver of the other vehicle intoxicated?

Were they speeding or driving reckklessly?

Did they disobey traffic signals?

Were any pedestrians at fault?

There are times that other people could be held responsible for the accident, such as:

Vehicle manufacturers, if there is a defect in the vehicle. Government entities that are responsible for maintaing roads and safety conditions,. traffic signals, and lighting. Although it seems complicated, it is to help you with your accident claim. Always see a personal injury attorney immediately.

Call Freedom First Funding today, for your FREE CONSULTATION!

360 892 6667 Toll Free: 877 386 3374

www.freedomfirstfunding.com