Lawsuits can help victims receive compensation for pain and suffering caused by negligent acts. But cases can drag on for years, making it difficult for plaintiffs to survive financially until they receive their settlement. That's where lawsuit loans can help.
Lawsuit loans are a unique brand of financing that can be a lifesaver to plaintiffs who are struggling to maintain their finances. They provide a cash advance on expected future court settlements, which can help them meet their immediate financial needs. Most lawsuit loans are used to pay for medical expenses of those who don't have health insurance. But the funds can be spent on anything, including mortgage payments, car notes and daily living expenses.
Interestingly, there's no lending actually involved with lawsuit loans. That's because they