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Make sure you do your homework and understand the cost of getting a cash generator loans bolton loan. Lawsuit Loan Advertisements. Perhaps youve seen the advertisements on daytime TV. A smartly dressed executive promises that you can have your money NOW if you cant wait until your personal injury suit settles.
Lawsuit loan companies market mainly to plaintiffs in personal injury suits, like traffic accidents, slip and fall cases and medical malpractice.
Some lenders also lend money to heirs waiting for settlement of a deceased persons estate or to plaintiffs in employment or civil rights discrimination suits. For someone facing high medical bills or the loss of income after an accident, the thought of getting money from a lawsuit right away can be enticing. But, is it in your best interest to borrow against a future settlement or judgment.
How Lawsuit Lending Works. Lawsuit funding is a relatively new product offered cash generator loans bolton plaintiffs who expect to settle or win a judgment in a lawsuit.