Blog Archives
Pre-Settlement Legal Funding Fills a Major Financing Gap to Benefit Personal Injury Victims
Type:
Date: Mar 29 2024
Location:
Event Website:
Contact:
Information:
The following piece is a contribution by Charles W. Price, CEO of Capital Now Funding, LLC.
The pre-settlement legal funding industry is often viewed in a negative manner by those outside of the industry, because settlement advances charge higher interest rates than traditional lending methods. The truth is, that without pre-settlement legal funding, those personally injured in accidents that were no fault of their own often do not have the financial means to properly care for themselves following a personal injury accident. Therefore, pre-settlement legal funding plays a vital role by providing much-needed financial assistance for personal injury victims when they have no other options available to them.
Both Law Firms and Plaintiffs Benefit from the Expanding Consumer Legal Funding Industry
Type:
Date: Mar 29 2024
Location:
Event Website:
Contact:
Information:
The following piece is a contribution by Charles W. Price, CEO of Capital Now Funding, LLC.
The following scenario was once all too common – plaintiffs injured in an accident, waiting impatiently for a complex lawsuit to settle. With the clock ticking and the plaintiff often unable to work, there was little they could do except wait for the phone to ring while medical and other bills kept piling up. Meanwhile, their attorneys must candidly tell them that it will be weeks to months or years before they might receive their settlement money.