Thursday, September 27, 2007

What Does "Probate" Mean?

"Probate" is a legal process that deals with property owned by a deceased person and passed on to heirs after their death. It helps to decide which heirs get what property, after the decedant passes away. Probate is for overall management, and supervises the distribution of the assets to the heirs, in accordance with the will of the deceased, and according to state laws.
"Probate" is 'proving" the existence of a valid will. If no will exists, the estate is said to be "in testate". The court then decides who the receives the property and assets of the deceased. Probate is overseen by an executor if there is a Will, or by the court and a court appointed "personal representative" if there is no will.
Even when there is a Will, it does not mean that "probate" can be avoided, it just makes it easier. Usually, the executor must post a bond to protect the assets of the estate.

Petitions are filed in the county where the deceased lived at the time of death, even if the place they passed away is different. Hearings are scheduled from four to six weeks after the filing of the 'petition for probate". All of the decedants heirs must be notified as well as everyone mentioned in the Will. Probate can often be very lengthy, and heirs usually find that it takes longer than they thought and they probably won't get as much as they previously thought they would get.

Can Probate Be Avoided?

Yes, probate can be avoided. Even a Will can be avoided if a Living Trust is used. It assures that the decedant's property and assets are transferred to the heirs according to their wishes.

Call Today for your Free Consultation

360 892 6667 toll free: 877 funder 4 (877 386 3374

http://www.freedomfirstfunding.com/

Friday, September 21, 2007

Lawsuit Advances - An Alternate Funding Resource


Lawsuit advances, also known as legal funding, are sometimes the only way someone injured in an accident or other type of lawsuit, can keep from being "drained" of all their assets while they wait for the court to settle their case . Lawsuit advances help to ease the financial burdens during times of 'crisis". They help plaintiffs to maintain their lifestyle and pay the expenses needed just to "survive" until their settlement comes in. Advances can often keep familiies and individuals from becoming "homeless".

M any in this situation think they can "get by" until settlement, only to find that it is very difficult unless they have a lot of resources at their disposal. Perhaps, if they are fortunate, have a home to borrow on, savings, or a 401k that can see them through. Others are not that fortunate. Many people live from paycheck to pay check, so If they are unable to work, it often leads to reposessions and bankruptcy , and ruins their credit for many more years. Most creditors are usually not willing to wait until a case settles.

Legal Advances offer many benefits to plaintiffs by providing the cash that is needed now rather than later. There are NO CREDIT CHECKS, NO COLLATERAL, NO UP FRONT FEES, and NO MONTHLY PAYMENTS. They are SECURE, QUICK, and EASY. We care about you and your situation. Freedom First Funding can help you when you when you need it most.


Call today for your NO OBLIGATION, FREE CONSULTATION!


Freedom First Funding 360 892 6667 or call us toll free: 877 funder 4 (877 386 3374)


Thursday, September 13, 2007

A Lawsuit Advance 0r A Home Equity Loan?

When cash is needed during the time you are waiting for a pending lawsuit, probate or divorce to settle, plaintiffs quite often have to consider whether a lawsuit loan (advance) or a home equity loan is the most practical or beneficial route to go for quick cash. Home equity loans are very popular and widely advertised to offer low rates over a long period of time. There are advantages and disadvantages in using a home equity loan or a lawsuit advance to get needed cash for living expenses. it sometimes takes months to years to resolve.

Home Equity Advantages:

  • Low interest rates.
  • Easy to Secure (with good credit and verifiable employment.)
  • You may use the proceeds however you wish.

Disadvantages of Home Equity Loans:

  • Monthly payments add to cash flow problems.
  • They reduce the equity in your home.
  • They must be repaid no matter what the outcome of the lawsuit is.
  • Your credit may already have been damaged because of inability to pay other obligations.
  • Without verifiable employent, it is very difficult to get a home equity loan.

Advantages of Lawsuit Advances:

  • No credit or employment is needed.
  • Does not affect your credit report.
  • It is not a lien against your home or assests
  • No monthly payments have to be made.
  • Repayment is made only after your case settles favorably.
  • No Risk, you only pay when you win your case.

Disadvantages of Lawsuit Advances:

  • Interest rates are not as low as home equity loans. Each person must thoroughly evaluate their decision as to which is best for their situation in any type of financing. We always advise you to get professional advise.

For your FREE Consultation call: 360 892 6667 toll free: 877 funder 4

Visit us on the web at: www.freedomfirstfunding.com

Wednesday, September 5, 2007

What You Should Know About Lawsuit Suit Loans

Why Get A Cash Advance?



Most people that are involved in pending lawsuits don't know that they can get a possible cash advance while they are waiting for their case to settle. Quite often their attorneys don't know about it either. Plaintiffs (the person that is suing some other party, i.e. is the person that was in some way injured by the fault of another), can get Quick Cash in as little as 24-48 hours after our investors receive the necessary documents from their attorney.


Lawsuit Loans are Cash Advances that the Plaintff can get now, while the case is still being decided. Cash that is needed now.Now you can get the cash you need to pay bills and other necessities.


We only care about how good your case is, and your chances of winning. That is why we don't require any colatteral, credit, or employment.




We will advance from $500 up to over $100,000 in some cases, depending on the strength of your case.


Is a Cash Advance Right for Me?


Everyone can always use extra cash, that's just the way it is. Only you can decide if it is right for you, and whether you need money bad enough to outweigh the costs of a Lawsuit Advance. Cash advances can be expensive. We will give you all the information you need to decide if it is right for your situation. When your case has been evaluated and approved for funding, a full disclosure of the pay back amount is given to you in writing. You have the option of deciding to accept or decline the offer. Remember, there are never any upfront fees.


How Do I Get My Advance?


It's easy, just click on the links to: http://www.freedomfirstfunding.com/ and fill in the quick application. Some one will contact you within 24 hours.

For faster service please call us by phone. 360 892 6667 toll free: 877 funder 4