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: Settlements
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"No Win...No Pay...No Risk" Lawsuit
Loans Bridge Financial Crisis
(PRWEB) April 15, 2005 -- "No one pays much attention
to how a person who has been injured is going to live
while waiting for a case to go to trial. The legal system
tends to put people who cannot afford to wait for their
money at a disadvantage." - Boston Bar Association
Ethics Committee Chairman, Gerry Cohen
| Personel injury litigants often
suffer from financial distress during pending litigation.
Many do not have the extensive financial reserve needed
while awaiting settlement money. Now plaintiffs are
offered an innovative solution through 1st Choice
Funding's "No Win...No Pay...No Risk" Lawsuit
Loans as litigants obtain a portion of future proceeds
risk free! |
With these words millions of U.S. consumers every year
find out 1st hand the truthfulness of Mr. Cohen's assessment,
a professional assessment of the legal and insurance industry
of this country. "It's a painful experience one I
hope I never have to endure again" describes litigant
Kari Spears regarding her dealing with an insurance company
liable when she had an auto accident in 1997. The “extreme
financial hardship & pressure we as a family endured
when I was injured can only be described as a nightmare
for both my children and myself. In one evening our whole
life was devastated.” Many litigants describe their
experience with the system as "being left out to
dry by the insurance industry" or “no one cares
how much suffering we really experience.” The costs
injured plaintiffs sustain are far more than the actual
pain and suffering, as Spears states, “injuries affect
everything, including your standard of living. After an
injury you can't maintain the same earnings after an accident
vs. prior to one. Then throw in the damage to your credit
and you begin to know the real long term side effects
no one takes into consideration."
Is there a solution to the dilemma? 1st Choice Funding
thinks so as the company has taken the "bull by the
horns" and developed a program offering litigants
nationwide the opportunity to have cash in hand now, when
plaintiffs need it most vs. when settlement finally occurs.
The program is called "No Win...No Pay... No Risk"
Lawsuit Laon and this innovative approach puts litigants
in the position to receive cash prior to settlement with
no credit, no employment, no monthly payments, no collateral,
and no risk for repayment if a case is not successfully
litigated.
"No Win...No Pay... No Risk" Lawsuit Loans
are unheard of from traditional banking approaches conventional
lenders agree. “1st Choice Funding’s Lawsuit
Loans aren’t really loans at all, and that’s
why conventional approaches aren’t how funding determinations
are made” said company president Timothy S. Gray.
Continuing Gray says, “lawsuit loans are what consumers
associate our program with, but in reality, what we offer
are advances made on future settlement, and that’s
something conventional lenders just don’t understand.”
“No Win...No Pay...No Risk" Lawsuit Laons are
an answer to many plaintiffs prayers as litigants who
have seized the opportunity for cash now are no longer
forced into early settlement due to financial hardship.
A lawsuit loan buys time, and time can mean the difference
in thousands of extra dollars at the time of settlement
for litigants.
Why? Because time is money and money in the hand of a
litigant staves off insurance stall tactics. Make no mistake;
delayed settlements are no coincidence. The industry capitalizes
on interest earnings while forcing many litigants into
financial hardship, offering a reduced settlement to increase
insurance profitability not to lower premiums."
To find out more at http://1stchoicefunding.com.
Have You Been Injured? Are You in Lawsuit Against An
Insurance Company? Do You Need Money Now?
Lawsuit Loan Value: This reflects the estimated
overall law suit laons collection in dollars. For lawsiut
litigants with workers compensation cases, each injury
amount is set by the State you were injured in. Consult
with your attorney, if you have not done so previously
the case worth in order to know the value of your lwasuit.
Base your law suit loans funding request on this information
because the lwsuit advance can not (in most instances)
exceed 10% of the case value. Thus for a $100,000.00 case
the total advance limit would be $10,000.00.
• Retirees Turn to Annuities for Retirement Planning
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