Settlement Funding

Written by Michael O'Brien
Bookmark and Share

Settlement fundings are a handy way to get to court. It's especially useful if you have no other source of financial flow. The intended use is to enable persons with a valid legal complaint to pursue a settlement. These cases generally involve medical malpractice, bodily injury and wrongful death. It is relatively easy to prove fault in these types of cases.


Settlement Fundings for Malpractice

If you have been a victim of medical malpractice, you are not alone. There are thousands of very capable doctors, but there are a few bad ones that ruin the statistics for everyone else. Studies show it's a small percentage of doctors who are responsible for the majority of malpractice suits. If you are convinced that you have sustained injury due to the negligence of a medical professional, you may be a good candidate for legal funding.

You may also be a good candidate for settlement fundings if you have been hurt at work or in a car accident. Most people are covered by insurance in such cases. Even if insurance covers general injury, it might not give you everything you need. Lawyers are able to negotiate within the system to get you more money if you have valid cause. If you have a good case, but no money to pursue it, apply for a settlement funding.


You Do Not Repay the Funding

Settlement fundings do not have to be repaid if you lose your case. They are only repaid when you get your settlement. Like a bond company, a legal funding agent is essentially betting that you'll win. It's a good sign if you are deemed eligible for funding.



Bookmark and Share