Factors to Consider When Choosing A Pre-Settlement Funding ProviderMay 22, 2014
Choosing a pre-settlement funding provider is one of the more crucial decisions a plaintiff will make in a civil lawsuit. Negotiations and court proceedings can take months, if not years, to reach a judgment or a settlement. If plaintiffs need pre-settlement financing to handle expenses during that period, the company that provides that financing is going to be a long-term partner. Do your due diligence: make sure they’re up to the task.
Can your lawsuit funding provider get you the money you need to pay your living expenses, when you need it? USClaims can. Its bedrock-solid financials are backed by a reputation that led The National Law Journal to name USClaims the No. 1 Litigation Funding Provider in the country in its “Best of 2014” survey. The Legal Intelligencer, another American Lawyer Media publication, also ranked USClaims among the top litigation funding firms in the United States for four years in a row.
Smaller, newer, or less-established companies with more to lose by offering you pre-settlement funding may seek to influence – or even direct – the way your attorney does their job while representing you. USClaims does not use its financial interest in the successful outcome of a plaintiff’s lawsuit as leverage to influence the prosecution of that case. USClaims will never pressure you or your legal team to accept a premature settlement or to go to trial when a reasonable settlement is on the table.
Some legal funding firms may have financial or other incentives with attorneys that help ensure those attorney’s clients also will become their clients. These relationships potentially could compromise your attorney’s objectivity while representing you in a lawsuit. Be assured that while your attorney may have told you about USClaims or even referred you to us, USClaims does not pay attorneys referral fees for your business.
Similarly, a company that has any kind of financial interests tied to a defendant in your lawsuit is almost certainly going to be unsuitable as a funding provider for you. This is particularly true if one of your defendants has responded to your lawsuit with a counterclaim. In cases where USClaims has a financial interest in one of the defendants in your case, or vice-versa, our company will avoid the inherent conflict of interest by declining your funding application. The agreement you’ll sign when you accept funding from us includes a warranty by USClaims that no such conflicts of interest exist.
Pre-settlement funding has restored the promise of the civil court system as a forum where middle-class litigants and plaintiffs of limited financial means can obtain a measure of justice. Choosing the wrong funding provider, though, can put your lawsuit–and your ability to make ends meet–on shaky footing before your opposing party even approaches the negotiating table. Apply for your pre-settlement financing with a provider who is setting the standard for this relatively new industry.
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.