Lawsuit Loans - Where to Get Them?
A Lawsuit loan or litigation fund or plaintiff cash advance or legal financing is a practice in which individuals who are plaintiffs in lawsuits receive money from firms and individuals who take a lien on the proceeds of a personal injury suit in return for ready cash. Though it may have the word loan in its name it is not considered a loan as the money does not have to be repaid if the plaintiff’s law suit is unsuccessful or in other words it is a nonrecourse debt. (more…)
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