Litigation Financing

Written by Michael O'Brien
Bookmark and Share

Litigation financing is available through a myriad of sources. It is crucial to be well funded if you are pursuing a legal battle. They are extremely costly. Luckily, there are legal funding companies that deal with this sort of emergency all the time. If you think you have a strong case, yet have no money with which to sue someone, you may be eligible for legal funding.

Reasonable Litigation Financing

Some cases are better than others to qualify for legal financing. Personal injury cases are usually a good bet. There is a lot of wiggle room within the law that creates quite a bit of settlement room. For example, if you are in a car accident which was not your fault, chances are the at-fault party has insurance that will pay damages.

Such fees will be tallied by the insurance company's adjuster. You may have extenuating circumstances, or serious long-term injuries that the opposing insurance company does not acknowledge. This is where you will need legal counsel to get the reimbursement you feel you deserve, but you may not have litigation financing. That is, what if you have a sincere and honorable complaint, but no money?

Help Is Available

Luckily, litigation financing is available for such situations. Legal funding companies are able to come to the aid of persons with valid claims who just don't have any financial means of lodging them. This funding can be used to retain a lawyer and pay various legal fees. Hopefully, you won't even have to go to court. Most cases are settled before they ever reach a courtroom. Your legal funding will be repaid from your settlement earnings.


Bookmark and Share