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Lawsuit Loans

Each day there are thousands of people that are in search for lawsuit loans. A lawsuit loan that relates to a pre-settlement cash advance is a loan against a current personal injury lawsuit. There are also lawsuit loans that relate to companies who buy structured settlements or advances on commercial litigation. It is common that all of these types of loans are considered non-recourse funding or funding that is paid back only if the attorney gets you compensation for a case.

A lawsuit loan for pre-settlement purposes allows a person to borrow money before compensation is awarded. The risk stands solely on the funding company if that company decides to offer a lawsuit loan for a personal injury related case. The amount of interest one pays on a lawsuit loan can sometimes be a little higher than that of a standard loan because the lawsuit funding company is taking a risk that the case won't settle.

A lawsuit loan for a structured settlement typically offers both an annuity buyout or a loan against future payments. If someone decides to sell their full structured settlement annuity, they agree to take a cash advance at a percentage of the full value of the structured settlement. If one takes a loan against a set period of time, they agree to sell a percentage of their structured settlement. When someone gets cash for a structured settlement they typically need a quick cash advance to pay for bills, purchase a home or pay off college tuition etc. Of course the reasons vary but the concept stays the same.

A lawsuit loan is a good way to get cash from both a pre-settlement or structured settlement. The buyer of a structured settlement and pre-settlement is called a lawsuit funding company. A lawsuit funding company is typically a company that is set-up to front cash for both personal injury related cases, structured settlement annuities and commercial litigation payouts. These types of companies also advance cash to law firms for large litigation cases as well as lawyer financing. This financing can be used both for current cases or to help a law firm grow.

If you are currently seeking a lawsuit loan we ask you can apply online with LawLeaf. LawLeaf is an online legal funding service that matches consumers looking for pre-settlement cash advances, cash for structured settlement payment and commercial litigation advance with funders who offer lawsuit financing. Our network of lawsuit funding lenders are ready to compete for your business.

Apply online by clicking on one of our lawsuit loans:

Our lenders are ready to compete for your business!

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