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Plaintiff FundingWensley McKenney Plaintiff Funding is a controversial new finance area in which a plaintiff secures funding based strictly on the potential financial recovery from his or her pending legal claim. Similar to securing a mortgage against your home, a plaintiff can receive a cash advance against the potential future proceeds from a legal claim. There are no income or employment verifications and if the legal claim has no financial recovery, then the plaintiff is NOT obligated to repay the money. Certain companies like Global Financial http://www.glofin.com offer low cost cash advances to victims of personal injury & work related injuries. The cash advances can be obtained quickly and with very little personal credit, however, there are those that oppose this type of financing. Some lawyers point out that the fees are high for their clients and that other options like dissability insurance or goverment programs may be more beneficial and less costly. On the other hand, many Law Firms have used this type of financing to market their services to potential new clients and they realize that offering immediate cash flow can help their clients pay bills until they can heal their wounds and get back to work. It is clear that large insurance carriers are content to wait out the financially desperate plaintiffs that are desperate to settle their cases. Plaintiff Funding can be used for many thing, many of which may directly increase the value of the legal claim. For instance, if a plaintiff does not have healthcare insurance but needs surgery, they may apply for plaintiff funding which can pay for their medical procedure and significantly increase the value of the legal claim. Even though the plaintiff will pay fees for the funding, the increased value of the legal claim will far outweigh the fees charged. Regardless of your opinion of Plaintiff Funding, it is a new specialty finance area that is here to stay and like all other types of financial transactions it may have benefits or negative aspects depending on the terms and parties to the transaction.
| | | | RELATED ARTICLES Identity Theft Shield We live in an information-oriented society. Technology allows us to do business and make transactions literally in a matter of seconds. This abundance of information has given rise to a new crime - identity theft. In fact, according to a 2003 release from the Federal Trade Commission, almost 10 million people in the United States may be victimized by identity bandits each year. Political Coverage in West Virginia West Virginia, once a shoo-in Democratic state for many years, became a battleground state in 2004. Choosing a Mesothelioma Attorney Filing a mesothelioma lawsuit is a long and dwindling process. Selection of a mesothelioma attorney whom you trust and have a good rapport with is very important. Personal Injury Lawyer The history of the Personal Injury Lawyer is littered with interesting facts about the U.S. legal system and contingent fee based practices http://www.glofin.com. While many critics accuse trial lawyers of bringing frivolous lawsuits into the American legal system, nothing is farther from the truth.Personal Injury Lawyers advance their clients services and cash for case costs while funding companies like Global Financial 866-709-1100 advance cash to Plaintiffs against their pending settlements.Personal Injury Lawyers provide a valuable service to the American Justice system by working for a contingent fee which is only payable if there is recovery for their client. If there is no recovery for their client then the Personal Injury Lawyer will receive nothing and therefore these lawyers will only take cases that have merit. There is no advantage to the lawyer accepting a “frivolous lawsuit” because there is a high likelihood of no recovery and therefore no fee to the lawyer. Do You Own Your Web Site Design Your web site has been up for a few months and you are making money hand over foot.While surfing sites one evening, you are shocked to find a competitor usingyour design.You find out your designer sold them the same design. They must be breaking the law, right It all depends on whether you own the copyright to your web site design.Many site owners are shocked to find out they do not. Stopping Home Foreclosure A Foreclosure Prevention Service has numerous ways it can help you deal with the foreclosure process. Under the law, you have a right to remain in the property for a certain period of time. If you can’t pay the full amount owed without creating a hardship for your family you need a legal review of your situation, your rights, and your choices before you agree to anything. Protect yourself and your family. Personal Injury Settlement Personal Injury Settlement is an art, not a science like many personal injury attorneys may think.Understanding all of the moving parts and motivation of all parties interested in the settlement process may be the most important aspect of achieving the highest settlement amount for a client.Companies like Global Financial, which provide cash advances against personal injury and worker compensation cases in 48 states http://www.glofin.com can help with the settlement process.There is nothing worse than a financially desperate plaintiff when trying to achieve the highest settlement offer. Turnitin.com Infringes Upon Students Rights Turnitin.com is undeniably an effective deterrent to plagiarism, but it is the very issue of copyright infringement that has people questioning the legality of the site. What many people dont understand is that works do not need to be registered to be copyrighted. Every literary work that is saved to a tangible medium this includes paper, computer disk, etc. is protected by federal copyright laws. Thus, the works submitted to Turnitin.com are copyrighted and the authors hold complete rights to the works. What the Turnitin.com system does, however, is it stores the submitted paper on their servers. This is done without the students permission. Turnitin.com is operating under the pretense that teachers will force their students to submit to Turnitin.com. Thus, student papers are stored in iParadigms the company that runs Turnitin.com database. This in itself is a blatant violation of the 1976 Federal Copyright Act. Turnitin.com is duplicating copyrighted material without the consent of the student. The student is forced to submit to the site, so submissions are not considered voluntary. In addition, the site does not ask for permission to store the paper, instead, it is done automatically. Lying: Yes or No What about little white liesWhat about when your partner asks you if this dress makes her look fat.What do you thinkIs it OK to lie to a person we care about for a kind reason, like to make him feel better and more secure, or to avoid a fight.As long as our heart is in the right place, even experts say that honesty isnt always required.You dont have to tell the whole truth if it will hurt your partner or if its something he cant change. " What is the Difference Between a Power Of Attorney and a Guardianship Which is Appropriate for Someone With Alzheimer’s A power of attorney is a legal document in which one person the principal authorizes another the agent to act on his/her behalf. Financial powers of attorney allow your agent to make decisions regarding your property. Healthcare powers of attorney allow your agent to make decisions regarding your health care needs. I Comply, You Comply, We Comply ... Are You Sure Failure to follow corporate formalities may expose corporate officers, directors and shareholders to personal liability. Maintaining good records, including corporate minutes, on a timely basis goes a long way toward maintaining the limited liability benefit of a corporation. What on earth are Home Equity Loans Home equity loans are one of the most common types of financing for doing improvements on your house. These loans are not necessary used for home improvements but can also be used to simply obtain extra cash. It is essentially a standard loan, based on the equity you have in your house. This is as opposed to mortgage loans which are the loans used to purchase a home. Equity is the value that you have paid on your mortgage loan. Your Social Security Approval Package Finally, the Long Wait is Over! Back and forth to the Disability Determination Services DDS… Arranging and rearranging data and documents for applications, appeals and motion of requests… Monthly contacts with the Social Security Administration Claims Rep and the DDS examiner… After endless consultations with your legal counsel or representatives, after many, many series of medical consultations and examinations, and finally, after too many false hopes and expectations… Your patience and determination has been rewarded! You have received the ultimate information relating the approval of your Disability Benefit claim! Is Reinstating The Draft Such a Bad Idea In his bid for the presidency, John Kerry pronounced a “secret plan” to reinstate selective service. The fact that New York Democrat and fellow leftist Charles Rangel had proposed this plan wasn’t mentioned, so Kerry’s allegation created hysteria within the blue states. But there are several ways in which reinstating the draft could benefit our country. Legal Protection for Same-Sex Couples Has anyone considered a compromise solution to the issue of legalization of same-sex marriages Lawsuit Funding Lawsuit funding, also known as pre settlement cash advances, are a form of non-recourse funding that has become a popular service in the past few years. Injured clients all over the United States can use this service to get cash for their lawsuit now. Funds advanced can be used by the client for any immediate financial pressures including mortgage payments, credit card bills, to get out of debt, car payments and more. If Your Case Gets Denied If you have been injured or become ill and are no longer able to work, you have certain Social Security Disability Benefits. Social Security Disability is a benefit received from the Social Security Administration by disabled workers and in some cases their dependents, similar to those received by retired workers. And you will have to file your case. Vioxx Withdrawl and Drug Litigation On Sept. 30, 2004Merck announced a worldwide withdrawal of Vioxx® rofecoxib. Vioxx had previously been prescribed in the treatment of arthritis and pain. Worldwide sales of Vioxx in 2003 were an estimated $2.5Billion and the drug was marketed in more than 80 countries around the world.This is one of several recent pharmaceutical products to have been put in the spotlight by both the national media and plaintiff lawyers. Get a Prenuptial Agreement before Your Next Marriage While signing a prenuptial agreement can be one of the all-time romantic turnoffs, for people heading into their second marriage, a prenuptial agreement can give the trade-off of a better relationship through the security of financial and life planning. Pleas & Court Appearances in New York Criminal Courts At arraignment, the District Attorney may offer a plea to a lesser charge than what you were arrested for originally. Pleas are offered to unburden an extremely congested criminal court calendar, as well as to get rid of lesser criminal cases so the District Attorney can rightfully concentrate on the more serious crimes. |
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