Individual Plaintiffs
Most of the applicants for lawsuit loans are individuals or couples who are plaintiffs in personal injury lawsuits, such as
auto accident, medical malpractice, trip and fall, burn, dog bite and similar claims. Some are claimants in wrongful death
or wrongful termination claims. The common denominator is that they suffered a loss, they engaged an attorney to secure
compensations for them, and they need cash now while they wait for their cases to work through the legal system.
The Purpose of a Lawsuit Loan
You should only apply for a lawsuit loan is you need money to pay critical living expenses. Plaintiffs in lawsuits are
often out of work as a result of the incident that caused them to file the lawsuit: An auto accident, industrial or
workplace accident, or other type of personal injury such as a fall or burn. Sometimes the plaintiff is the wife or husband
of the victim of a wrongful death. A lawsuit loan provides immediate cash to cover immediate expenses. And unlike any other
type of loan, there are no monthly payments so it does create yet another monthly obligation and you only have to pay it
back if and when you win your lawsuit or reach an out-of-court settlement.
Qualifying for a Lawsuit Loan
Any other type of loan will require a good credit rating and proof of employment or regular income of some time. Neither
is required when you apply for a lawsuit loan. Rather than look back at your credit history, we look ahead toward the
expected proceeds of your pending lawsuit. Your lawsuit is all the collateral you need to qualify for a lawsuit loan!