What do lawsuit cash advance funders look for in a lawsuit loan now?
April 19, 2010
The game has changed for the plaintiff of a personal injury lawsuit who needs a lawsuit cash advance loan to make it to settlement without losing their house and their mind.
When the economy got trashed by the bankers (who never went to jail by the way), trillions of dollars came up off of the poker table. Those who couldn’t lose before started losing. This changed my ability to get you a lawsuit cash advance in a major way.
Companies that would approve riskier cases with less injuries changed their minds. Why? Because the money supply they had dried up and got scared of riskier investments such as lawsuit cash advances whereby the investor loses if the plaintiff loses. Money dried up. Investors wanted a sure bet.
How does that affect you? Unless your case has a clear liability you won’t get funded. This means it has to be undeniably the defendants fault. Unless your injuries are more severe than bulging disks, you wont get funded.
The companies are “cherry picking”. This means only advancing money on the best cases. If your case isn’t perfect, you should still try and get an advance. I happen to like my lawsuit cash advance funding source and if your liability, injuries and insurance policy all line up, then we should take a stab at it.
Call me. I’d love to help you.
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