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Lawsuit Loans - What Are They?
Lawsuit loan is a term that refers to the practice of an individual or company advancing money to plaintiffs in personal injury, liability or some other form of civil action seeking financial compensation. Lawsuit loans provide money to pay bills and maintain your household while awaiting your court settlement.
Not really a loan in the classic sense, a lawsuit loan is an advance of funds to the plaintiff which is to be repaid upon a financial award when the case is settled. Lawsuit loans can be used for personal purposes or for legal fees if your attorney is asking for a pre-settlement payment.
Perhaps the most unique feature of a lawsuit loan is the fact that it must be repaid only if the lawsuit settles Read More..
