Litigation Funding

Litigation funding can vary in amount from $500 to $100,000. This can help defray any costs arising during the wait between when your case first gets to court and when it is settled. It is important to note that a litigation funding company is not offering a loan, but an advance based on your potential settlement. Of course, there are fees for the service, so when choosing the company who will handle funding for you, be sure to get some recommendations.

There are two great features to these services. You get the money you need to continue your case without having to settle sooner. You also do not need to be concerned with re-payment unless your case settles in your favor. Many times people must settle their case prematurely, and for a smaller amount than they might have received had they had the financial means to continue the case for a higher judgment. Litigation funding is a wonderful tool to prevent that from happening during a lengthy court case.

It is always a good idea to weigh the potential difference in the amount of a possible settlement against the fees and costs involved in using a litigation funding service. It is not uncommon to find that you will be making a wise financial move to seek litigation funding. You can then see the case to a more equitable outcome than you could have had you not done so. There is usually no charge to get an evaluation and calling a litigation funding service can bring you much peace of mind.