Lawsuit Loans Offer Immediate Financial Relief

When you have been injured in an accident and find yourself facing what appears to be a long legal battle, lawsuit loans offer the immediate financial relief you may need.  Until you are injured, you never realize the impact it has on every area of your life.  Not only are you facing steep medical expenses, you may be unable to work, therefore your income has come to a halt.  Litigation financing is a way to face your legal battles and live normally, without having to worry about financial devastation or bankruptcy.

Although the phrase ‘lawsuit loans‘ implies that you are getting a loan if approved, it is actual a cash advance against your pending settlement.  There are no upfront or out-of-pocket expenses involved; the litigation funding company will review your case to see if your lawsuit merits an advance.  This information is all submitted by your attorney, and pertains only to your lawsuit so there are no credit or employment checks to worry about.  If you do qualify, you can expect to receive your money quickly, usually within 24 hours.

How much money may you be advanced?  It depends upon how much you expect to be awarded when you receive your settlement.  If you expect to win $500,000, you may be advanced $50,000.  Generally speaking, with lawsuit loans you can expect an advance of about 10% of your expected settlement.  Most litigation funding companies advance anywhere from a few hundred dollars to $250,000 or more.

How will you repay the advance?  Litigation financing companies charge a fee for their service, but you will not be required to repay the advance or the fees until you have your money.  In the event that you do not win your lawsuit, you pay nothing.  Lawsuit loans are non-recourse, which means you owe nothing if for any reason you are not awarded a settlement.  When you do win, you repay the funding company at the time you receive your money, or through your payments if you have a structured settlement.

Lawsuit loans can be used to pay medical bills, household expenses, attorney fees and more.  Instead of struggling financially and being under undue stress for months while waiting for your settlement, you can pay your bills and put financial worry behind you, so that you can concentrate on winning your lawsuit.  Speak with your attorney about settlement funding today, it may be just the solution to your financial needs.

Lawsuit Loans, and Why You Don’t Have to Wait Months For Your Settlement

Unless you have been involved in a personal injury lawsuit in the past, you may have no idea how it can affect you financially.  The longer your lawsuit goes on and you are unable to work, the harder it becomes to pay your bills. Lawsuit loans are designed to help those who have been injured continue forward with their lawsuit while being able to pay their bills.  Litigation financing can help you avoid foreclosure, bankruptcy or other financial problems.

When you are injured because of someone else’s negligence, it can impact your life in ways you never thought possible.  Not only are you fighting for your rights in court, medical bills are piling in as your bank account continues to shrink.  Lawsuit loans have helped many injured people keep their heads above water, so that they could continue fighting for a fair settlement.  With litigation funding, we share the risk with you.  We offer a cash advance against your pending settlement, so that you can get the money you need right now.

What do we mean we share the risk?  There are no up-front costs or monthly payments for you to worry about.  We simply offer you the money you need now, and you never need to worry about how you will pay it back because the process is non-recourse.  This means that we only get repaid if you win, at the time you have your money in hand.  If for any reason you do not win your lawsuit, you owe nothing.

A lawsuit loan can allow you to pay your household bills, buy groceries, pay medical costs and other expenses while you continue to fight for your rights. Most people do not realize it until it happens to them, but personal injury lawsuits can take months or even years to settle.  This is the reason many people are tempted to settle for less from the insurance company, but you don’t want to do that unless there is simply no other choice.  Litigation funding is an option that you may want to discuss with your attorney.

With lawsuit loans you never have to worry about credit checks, employment verification’s, background checks and other common red tape.  Your lawyer will simply submit an application to the litigation financing company that pertains only to your lawsuit, nothing else.  If approved, you will have the money you need within 24 hours, so that you can live without the constant worry of where the money is going to come from for bills and other living expenses while you continue to seek justice.

How Lawsuit Loans Can Help You Minimize Your Suffering

Being a personal injury victim may be one of the most difficult things you will ever go through in your life. Not only have you been the victim of someone else’s carelessness or negligence, but you may now be facing times when finances will be especially tight. You may have lost your job as a result of the injury; alternatively, even if you have been able to keep your job, you may be out of work for a while, until you recover.

Is there a way for you to manage this difficult time? Actually there is. It’s called a lawsuit loan.

Lawsuit loans are in effect loans for money against your expected settlement or jury award. What happens is that a company that specializes in lawsuit loans will take a look at your case, and determine that it is valid. The company will also make sure it’s likely that you will win your case. Then, the litigation funding company agrees to lend you a portion of your expected award or settlement, usually about one tenth of its total value; you can use this money in any way you wish to pay for expenses and take care of needs until your settlement or award comes through.

When you win your case, you pay the settlement funding company back the money it lent you plus fees and expenses. If you lose, though, you owe nothing. You simply walk away free and clear, and the money is yours to keep. Lawsuit loans are in effect loans that have no collateral required, no credit check done — nothing you might expect as with the average loan.

Are there any drawbacks?

There really aren’t any drawbacks with lawsuit loans (also called litigation financing or settlement loans), but you do have to have a couple of other qualifications in addition to having a valid personal injury lawsuit pending in court or working its way to settlement. The first one is that your lawyer has to be hired on contingency, meaning that he or she, too, will not get paid unless you win. Beyond that, your lawyer has to agree to your desire to take out a loan, in that he or she has to sign on with you, so that the company knows he or she is in full agreement. If you do not get your lawyer’s permission in full, you won’t be eligible for lawsuit loans. If you do, though, remember that this is a way to provide some much needed funds for you take care of your needs until your case is decided.

How Settlement Loans Benefit Personal Injury Plaintiffs

Are you the plaintiff in a personal injury lawsuit?  If so, settlement loans help you get the money you need right now.  Depending on the seriousness of your injuries, you may be unable to work.  This means that while household bills and other expenses continue to pile up, your income is reduced.  Litigation funding companies offer a way for you to borrow against your expected settlement, so that you can go forward with a normal life while you fight to win your lawsuit.

In many cases, insurance companies will do their best to get you to settle for less compensation than you are entitled to.  Many people will agree with this, simply because they need money right now.  Personal injury lawsuits often take months and even longer to settle, so this is an attractive option for many.  However, settlement loans can help you avoid this, so that you can continue with your claim until the very end and get all of the  money you have coming to you.  Litigation financing companies offer this up-front cash advance based on the merits of your lawsuit.

How much money can you get?  It depends on the amount you are suing for.  Most litigation funding companies will offer you anywhere from $250 to hundreds of thousands, depending on what you expect to win in your lawsuit.  Settlement loans allow you to go on with life, paying monthly utility bills, medical expenses and other obligations while you continue to seek justice.  The process is extremely simple, and there are no up-front costs to you.  You simply repay the advance upon winning your lawsuit.  If you do not win for any reason, there is no recourse.  This simply means you owe nothing.

Unfortunately, some plaintiffs find that are facing bankruptcy if they don’t do something.  It’s very hard for most people to continue on for months fighting a lawsuit, while no money is coming in.  Settlement loans help you avoid all of this, so that you don’t face financial stress while trying to fight for your rights.  Those responsible for your injuries should be held accountable, and litigation financing companies help you make sure they are.  How do you get started?

Talk to your attorney about settlement loans, or learn more about the process online.  Your lawyer will submit an application to the litigation funding company, which contains information related to your lawsuit.  The company will then review it, and determine if you qualify.  This usually takes only one day!  If you are approved, you will have the money you need immediately, so that you can pay all of your obligations. This will help you focus on winning your lawsuit, since money worries won’t always be in the forefront of your mind.  Discuss Mayfield settlement loans with your attorney now, so that you can refuse those offers to settle for less than you deserve.

Lawsuit Loans Can Save You From Being Forced to Settle Out of Court

All too often, personal injury plaintiffs find themselves being forced to settle for less than they deserve because they do not have the financial means to continue fighting.  Lawsuit loans are offered precisely for those who find themselves in dire financial straits.  Are you having trouble paying your bills and other expenses while waiting for your lawsuit to settle?  Settlement funding may be the answer to your money worries.

You want to continue with your claim, so that you can get every dime you deserve.  Right now, you are so short on money that you may have trouble paying your bills, medical expenses and other costs.  You know that if you settle with insurance companies, you are likely to get much less than you would if you could continue with your claim.  A Lawsuit loan will allow you to do just that, without adding to your monthly expenses.  Settlement funding companies offer advances based on the merits of your case – and this money is not to be repaid until you win.

What if you do not win?  You owe nothing, so there are no worries about paying money back to the litigation funding company when you have no money.  Lawsuit loans are usually approved only if the company is fairly certain that you will win your case.  When you have been injured, it is likely that you have missed work, accumulated medical expenses and possibly costs for damages to your car if you were involved in an accident.  You deserve compensation for lost wages, medical bills, attorney fees and any other related expenses.

Perhaps you were injured due to the negligence of a large company or corporation.  These companies will fight aggressively, and prolong the lawsuit for as long as possible in the hopes that you will run out of funds, and settle out of court.  Litigation financing companies offer a solution to this problem; you can fight back for as long as you have to, and not worry about dwindling finances.  You deserve every penny coming to you – lawsuit loans enable you to achieve this outcome.

Your attorney is likely very familiar with this process.  He will submit the needed information regarding your claim, so that the settlement funding company can review it.  You will find out if you are approved right away.  If so, you will have the money you desperately need the same day.  Those who are negligent should pay for their actions – speak with your lawyer right away about the benefits of lawsuit loans.  This may be your ticket to seeking full justice!

Lawsuit Loans Help You Pay Bills Without Risk While Awaiting Your Lawsuit Settlement

Are you the victim or the plaintiff in a personal injury lawsuit? Are you currently struggling to pay bills because you unable to work at the moment? Do you have medical bills and other bills piling up because there is no money coming in? Are you tempted to simply settle with the plaintiff in your lawsuit for an amount that is much less than you know you should be able to get, simply because you need money now?

Many people are in your situation, but fortunately, there’s help. What if you could pay your bills without worrying about risk while you wait for your lawsuit settlement or jury award to finalize? There would be no need to settle for less than you know you should be able to get, simply so you can pay bills. Actually, there is a way you can do that. It’s called loans, or lawsuit loans.

With settlement funding, a litigation financing company lends you a portion of your expected settlement or jury award, usually about 10%. This is what happens: a company who specializes in offering lawsuit loans takes a look at your case, and determines whether or not it has merit as a truly valid personal injury case. You won’t be able to qualify if you have a frivolous case, but if you have a legitimate case, you should have no problem.

In addition to the requirement that you must have a legitimate case, your lawyer must also have been hired on contingency. That means that your lawyer, like you, does not get paid unless you win your case. The litigation financing company offering you your loan will indeed get their money back if you win your case, plus fees. However, if you lose your case, the company in question does not reclaim the money it lent you; you simply keep the money you’ve already been given. And because there is no collateral or credit check required, you don’t face any damage to your credit history or financial profile if you lose your case and cannot pay back this money. The litigation funding company offering you the lawsuit loan takes the hit, and simply absorbs the loss if you lose your case.

Finally, your lawyer as well must sign off on your application for litigation funding. You will not be eligible unless your lawyer does so. As long as he or she is amenable, though, you can have access to at least some money while you wait for your case to finish in court and either settle or be granted a jury award. This should ease some of the financial hardships for you, so you can concentrate on healing from your injuries and getting on with life.

Question of Safety of Sprouts as Jimmy Johns Sandwich Chains Make the Switch from Alfalfa to Clover Sprouts

Recently, Jimmy Johns restaurants were implicated in a multi-state Salmonella outbreak that sickened hundreds of people after they consumed alfalfa sprouts served on the sandwiches that the restaurants serve.  At least 59 Illinois residents became ill, and now Jimmy John Liautaud, owner of the chain, says that the restaurants will cease using alfalfa sprouts and instead use clover sprouts, which according to Liautaud are easier to sanitize.

Ironically, a Salmonella outbreak occurred just recently in Oregon and Washington that were related to clover sprouts.  In Oregon, 2 residents became ill after consuming sandwiches that contained clover sprouts – sandwiches from Jimmy Johns.  This leads us to question just how much safer clover sprouts are than alfalfa sprouts, if any.  The clover sprouts used on the sandwiches were produced by Sprouters Northwest of Kent, Washington.  Sprouters Northwest was found to be the source of the Salmonella contamination.

All in all, 125 people became ill after consuming Salmonella tainted sprouts between the dates of November 1, 2010 and January 11, 2011.  The strain of Salmonella in these outbreaks is serotype I 4,[5],12:i:-.  This strain spread through 22 states and the District of Columbia.  Investigators concluded that the illnesses were related to eating sandwiches containing sprouts at Jimmy Johns restaurants.

As far as the states affected by the outbreak, Illinois was by far hit with more illnesses.  65 people were sickened in that state, with 22 in Missouri, 12 in Indiana, 3 in Wisconsin, 3 in Pennsylvania and other states reporting a single case of illness related to this strain of Salmonella.

Consumers are advised not to eat Tiny Greens Alfalfa Sprouts or Spicy Sprouts, and restaurants should not serve them.  Anyone who has the sprouts whether in their restaurant or home should dispose of them at once in a closed plastic bag.

Salmonella food poisoning typically causes symptoms such as nausea, diarrhea and abdominal cramps.  While not usually serious in healthy individuals, those who are young, frail or have a weakened immune system may be at an increased risk of serious complications and should seek medical attention if you experience symptoms.

If  you are involved in a personal injury lawsuit and need a service provider for a lawsuit loan or pre-settlement funding, consider contact Mayfield Settlement Funding today!