How Legal Funding Impacts Taxes
A lack of money can put a personal injury case in jeopardy. A pre-settlement advance can help a lawyer and plaintiffs, but there are tax considerations with pre-settlement funding. This can eventually affect your finances even with the new IRS tax deadline of July 15. Extended from April 15 due to the outbreak of the […]
3 Ways Corporate Legal Departments Can Use Litigation Finance
A corporate legal department is often under great pressure to protect a company and ensure its survival. Nonetheless, internal pressures to control legal costs and leverage external litigation resources often prevail. Litigation is costly. There’s no way around it. But litigation finance is useful in many ways and can provide the resources your corporate legal […]
Can My Lawyer Deny Me from Getting A Pre-Settlement Loan?
A lawsuit funding company must obtain information from your attorney before making an offer. Obtaining litigation funding, therefore, requires your lawyer’s cooperation. If your legal counsel refuses to cooperate, then you won’t get much-needed cash to pay for medical bills, utilities, rent, and other financial obligations while your personal injury case is pending. If you’re […]
How Long Does it Take to Settle a Personal Injury Claim?
Personal injury cases involve many uncertainties, including how long it will take to reach a settlement. There is no definitive answer no matter how good your personal injury attorney is. Financial strain and other pressures can lead you to settle early, for less, but this means not getting the compensation you deserve. Lowball insurance offers […]
Facts Attorneys Need to Know About Lawsuit Funding
It’s not uncommon for a client to ask for an advance on their case. But as a personal injury attorney, you want to provide your clients with the best possible advice. Predatory lending has been prevalent in the legal industry, while the regulatory environment is relatively weak. Many states, including California, lack oversight of pre-settlement […]
Reduce Holiday Stress with Litigation Financing
If you’ve been injured and are unable to work, it can be hard to make ends meet any time of the year, let alone during the holidays. Reduced income can make it difficult to enjoy this time with your family, but litigation financing can help pay for holiday expenses and your bills too. At Fund […]
Do I Still Need to Repay My Lawsuit Loan If My Case Loses?
At Fund Capital America, our mantra is “no win, no repayment”. But legal funding, being a form of cash advance, is much different than a traditional lawsuit loan. There’s no credit check and you don’t need to be employed to be approved. That works great for anyone injured in an accident and who may be […]
Common Cases That Qualify for Legal Funding
If you were hurt due to no fault of your own, and you are thinking about pursuing further legal action, you may qualify for legal funding. Legal funding, also known as pre-settlement funding, is a relatively new idea that manifested itself in the 90s. As the name suggests, a settlement loan is an advance based […]
What It Means to Live Paycheck to Paycheck
To live from paycheck to paycheck means most of your salary goes to paying expenses, and that if you become unemployed, it would be impossible to meet financial obligations. It means you have limited or no savings that could be drawn from if suddenly unemployed. There are many reasons this could happen. A personal injury […]
Traumatic Brain Injuries and Their Effects
According to the U.S. Centers for Disease Control and Prevention, 2.8 million people experienced traumatic brain injuries (TBI) and deaths in 2013. In fact, TBIs account for 30% of injury deaths in the U.S. The most common causes of brain injuries include falls, being struck by objects, and car accidents. In fact, brain injuries are […]