Checking Out Legal Funding Providers? ALFA Is a Good BetJune 19, 2014
If you’re like most people who contact USClaims, you’ve never filed a civil case before. All of this is probably pretty new to you, including the idea that companies like USClaims offer pre-settlement funding: money to help you cover your living expenses while you’re coping with the legal costs of your lawsuit. We’re not surprised that this aspect of the U.S. legal scene is new to you; the plaintiffs on television legal dramas don’t talk about their pre-settlement funding providers.
That feeling of cautious skepticism you might be feeling is healthy and wise. Every industry has business operators who engage in questionable practices, and the legal funding business is no exception.
That is why nine legal financing companies joined together in 2004 to create the American Legal Finance Association (ALFA). As ALFA celebrates its tenth anniversary in 2014, it has grown to 31 members and has emerged as the industry’s preeminent trade association.
As a not-for-profit corporation, ALFA sets and maintains the ethical standards and fair business practices for the legal funding industry, with a special emphasis on ensuring transparency in transactions and clear disclosure to consumers.
USClaims belongs to ALFA, but our company actually predates ALFA, as well as much of the industry. Founded in 1996, USClaims is the longest continuously operating pre-settlement funding company in the United States. Our company has helped to shape the industry and to establish the best practices that guide all ALFA members today. As one of the oldest and most established pre-settlement finance firms in the country, USClaims has almost two decades of experience and thousands of clients.
We are an industry leader in legal financial services with low rates, clear agreement terms and high ethical standards. We have some of the lowest rates in the industry. Other companies may offer services that resemble our pre-settlement funding options, but USClaims prides itself on offering low rates and fees with no hidden surprises.
USClaims holds $35 million in active funding and has more than 3,000 clients on its roster. We operate by purchasing a portion of the anticipated proceeds of your civil claim — beginning with the money you receive from us after your application is approved — and we only receive repayment only if you are successful in your efforts.
At USClaims, we offer pre-settlement funding, if a case is qualified for pre-settlement funding then we would purchase a portion of the proceeds of the anticipated court judgment or settlement for some cash now. USClaims only gets paid if a case is won or has reached a settlement! Apply now or call us today at 1-877-USCLAIMS to learn more.