Lawsuit Loan - Lawsuit Funding: Plaintiff involved in an employment lawsuit can use the potential lawsuit settlement as collateral to get a non-recourse settlement loan.
(PRWEB) May 21, 2010 -- Easy Lawsuit Funding has now become the leading provider of lawsuit funding or lawsuit loan on most types of pending employment discrimination and wrongful termination lawsuits.
Lawsuit loan provided by Easy Lawsuit Funding is a contingent transaction in which cash loan is advanced based solely on the merits of pending litigation. In layman language these are called lawsuit loans, but in true sense, these are not loans because the money does not have to be paid back unless the case is won or settled.
Lawsuit funding is considered a secured non-recourse debt due to the fact if the lawsuit reaches a final verdict in favor of the defendant the loan is forgiven. The plaintiff is absolved from payment of lawsuit loan debt. This is non-recourse lawsuit settlement loan, which you pay back only if you win or settle the case.
Easy Lawsuit Funding offers lawsuit loan or lawsuit funding to plaintiffs involved in most types of employment discrimination or wrongful termination lawsuits, including the following:
- Age Discrimination
- Racial Discrimination
- Sexual Harassment
- Gender or Sex Discrimination
- Sexual Orientation Discrimination
- Disability Discrimination
- Religious Discrimination
- Pregnancy Discrimination
- Workplace Harassment,
- Whistleblower (Qui Tam)
- Wrongful Termination etc.
Employment discrimination or wrongful termination law suits are mostly high value and complex cases and very few lawsuit funding companies provide lawsuit settlement loan or lawsuit funding on these pending lawsuits.
Easy Lawsuit Funding has a streamlined and quick underwriting process in place. It involves four easy and stress free steps:
Step 1: Plaintiff applicant completes the simple and easy application on line or on phone.
Step 2: A representative from Easy Lawsuit Funding will contact attorney of plaintiff, the same day (preferably within one hour) and will request for the required documentation to evaluate the request for lawsuit loan.
Step 3: Once the case papers are received, the underwriters will process the information. The decision to approve a lawsuit funding or lawsuit loan is based solely on the merits of pending lawsuit. If required the underwriting attorney will discuss the case with attorney of plaintiff.
Step 4: If approved, the plaintiff is informed immediately and his/her lawsuit funding agreement is faxed/emailed. Once the signed copies of lawsuit funding agreement from plaintiff and attorney are received, the check is sent the same day for next day delivery or funds are wired into bank account of plaintiff applicant.
Total process to obtain lawsuit loan or lawsuit funding is fast and free. There are no application fees or other up-front charges. Unlike a conventional loan, however, the credit and employment histories of plaintiff applicant are not a factor.
And unlike a conventional loan, there are no monthly payments. The lawsuit advance is paid back, plus accumulated fess, from the proceeds of the final recovery once the employment discrimination or wrongful termination lawsuit is resolved.
A lawsuit loan or lawsuit funding on their pending lawsuit settlement allows plaintiffs and their attorney the time needed to get the maximum possible value for their case.
Easy Lawsuit Funding is also the premier educational resource about lawsuit loans and lawsuit funding. We provide all the information to plaintiffs looking to get a lawsuit loan during their pending lawsuits. Visit our website (http://www.easylawsuitfunding.com) or call at (626)792-9897 today to get additional useful knowledge and information on lawsuit loans and make an educated decision to apply for your lawsuit loan or lawsuit funding now!
About Easy Lawsuit Funding:
Easy Lawsuit Funding offers lawsuit loans and lawsuit funding on more than 100 types of lawsuits. In addition to helping plaintiffs of employment discrimination lawsuits, Easy Lawsuit Funding also helps plaintiffs involved in personal injury cases such as auto accidents, plane, train, ship and boating accidents slip and fall, medical malpractice, wrongful death, nursing home abuse, workers compensation claims and also wrongful arrest, false imprisonment lawsuits and many more.
Legal Funding Consultant
Phone: (626) 792-9897
Fax: (626) 304-0833
Visit our Website: http://www.easylawsuitfunding.com
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Read the full story at http://www.prweb.com/releases/EmploymentLawsuitLoan/04-2010/prweb3821694.htm.
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