Frequently Asked Questions
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What is litigation financing and how does it work?
Litigation financing, also known as legal funding or lawsuit financing, is a financial solution that provides plaintiffs with the necessary capital to cover litigation-related expenses, attorney fees, and living expenses during the course of a legal dispute. This non-recourse funding is provided in exchange for a portion of the settlement or award, which means that the financing company only receives repayment if the case is successful. By alleviating financial burdens, litigation financing helps plaintiffs pursue justice without being overwhelmed by costs and ensures that legal disputes are decided on their merits rather than the financial resources of the parties involved
What types of cases are eligible for litigation financing?
Litigation financing, also known as legal funding or lawsuit financing, is a financial solution that provides plaintiffs with the necessary capital to cover litigation-related expenses, attorney fees, and living expenses during the course of a legal dispute. This non-recourse funding is provided in exchange for a portion of the settlement or award, which means that the financing company only receives repayment if the case is successful. By alleviating financial burdens, litigation financing helps plaintiffs pursue justice without being overwhelmed by costs and ensures that legal disputes are decided on their merits rather than the financial resources of the parties involved
How do I apply for litigation financing and what is the approval process?
Litigation financing, also known as legal funding or lawsuit financing, is a financial solution that provides plaintiffs with the necessary capital to cover litigation-related expenses, attorney fees, and living expenses during the course of a legal dispute. This non-recourse funding is provided in exchange for a portion of the settlement or award, which means that the financing company only receives repayment if the case is successful. By alleviating financial burdens, litigation financing helps plaintiffs pursue justice without being overwhelmed by costs and ensures that legal disputes are decided on their merits rather than the financial resources of the parties involved
