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Lawsuit Funding Helps Plaintiffs Pursue The Full Value Of Their Lawsuit

This blog provides helpful information and perspective for people with a personal injury, medical, or workplace lawsuit in progress that need cash today. You don't need to settle your case prematurely, for less than it's worth, just to get cash to cover expenses.

The Top 10 Reasons To Consider Lawsuit Funding

todd bower - Thursday, June 04, 2009
  1.  It eliminates the need to settle your case for less than the case is worth. Plaintiffs and attorneys are often forced to settle early for less because they need case and can't afford to wait the case out. A cash advance provides the needed time to pursue the case.
  2. It carries no risk to the plaintiffs or Attorneys.  You only pay the funding back IF AND WHEN your case is settled.
  3. It requires no up-front costs or application fees. A good lawsuit financing company should not charge any upfront fee or any application fee, processing fee or any monthly fee.
  4. It requires no credit check. The personal injury lawsuit cash advance is based solely on the strength of your pending lawsuit, so your credit history has no bearing on access to funds (unless there is a pending bankruptcy).
  5. It has no employment requirement to apply for pre-settlement lawsuit funding.
  6. It is not a loan. Loans are collateralized and must be repaid, with interest added. But a lawsuit cash advance is purchasing an interest in your pending settlement. If you lose your lawsuit, you do not owe the litigation financing company anything.
  7. It is completely confidential. When you apply for lawsuit advance funding, all information is kept confidential and only parties who know about the transaction are the plaintiff, the attorney, and lawsuit funding company.
  8. It has a fast approval time, typically in 24-48 hours for most lawsuit funding cases.
  9. It is available for nearly all types of personal injury, civil and commercial lawsuits. For a list of some case types funded by P & T Financial, click here.
  10. It is a Win-Win-Win transaction. In most cases, the plaintiff ends up with more settlement funding, the attorney ends up with additional compensation and the lawsuit financing company makes a profit.

P&T Financial is a leading California lawsuit funding company. We work with injured people who are unable to work, are involved in a personal injury lawsuit, and who may be considering settling their lawsuit for pennies on the dollar because they cannot afford to house or feed their families. Call us, toll free, at 1-877-591-6102 (or 650-591-6100) for a free analysis of your suit and legal financial situation. Or visit us on the World Wide Web at www.ptfin.com.

The Brighter Side Of Legal Work & Lawsuit Funding

todd bower - Wednesday, May 20, 2009

P&T Financial recently became a member of Consumer Attorneys of California (http://www.caoc.com) and the first thing I did was to read the “President’s Message” by Christine D. Spagnoli  from Greene, Broillet & Wheeler. Her article is titled “On Lilly Ledbetter, a Good Lawyer, ‘Cowards’ and a Needed Conversation.” The Lilly Ledbetter Fair Pay Restoration Act is the first bill of President Obama’s administration, and it came to fruition via Ledbetter vs. Goodyear – a sex discrimination case.   The article can be found here.

This article did not catch my attention because of case and how it may relate to Litigation Funding.  In fact, the Ledbetter case does not represent a good case example for Lawsuit Funding because of the extended duration of the case. 

The case piqued my interest because of the underlying message captured by this portion of the article: “The President’s action should make all consumer attorneys proud.  No one would have known Mrs. Ledbetter’s story if it had not been for a group of lawyers in Birmingham, AL, who championed her cause, knowing from the first day she walked into their office in 1999 that they might never be paid for their effort.”

Jon Goldfarb and his firm, Wiggins, Childs, Quinn & Pantazis took a risk, made an investment, not only to make a profit, but to fight for justice.  That fight took Lilly and Jon all the way to the Supreme Court and East Room of the White House. It resulted in the creation of a new Federal Act. 

Yes, Law Firms are in the business of making a profit and Pre-Settlement Funding companies like P&T Financial (www.PTFin.com) want to make money.  But if every once in a while we can level the economic playing field to bring equal justice for all people, not just large corporations, we have done a good day’s work!


 
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