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LAWSUIT LOAN DISCLAIMERS & CLARIFICATIONS

Terminology

The public generally refers to our financial product as a “Lawsuit Loan” and therefore we market to the public using that phrasing.  This explains why we do business as www.Get-Lawsuit-Loan.com.   

However, technically and legally, our financial product is a “lawsuit advance” and NOT a loan.  We are actually buying an interest in the successful future outcome of your case.   Or another way of putting it, we are buying a portion of your future settlement.  And from your perspective, you are selling a portion of your future settlement proceeds to us.  Therefore the contracts we issue are actually purchase agreements, where you the client will be referred to as the Seller and we are the Buyers.

The following terms all mean essentially the same and are often used interchangeably:

Within our industry, we tend to NOT use any of the terminology referring to loans and prefer the terminology of advances, funding, and finance, as they are more legally accurate.  This also explains when talking about our fees and costs, we prefer to use the term “growth factor” to describe percentages.  We try not to use the term “interest rates”.  As interest rates are more traditionally associated with loans.

Some other phrasing:

“Attorney” is equivalent to “Lawyer”

The “Plaintiff” is the person who filed the complaint, i.e. the person who is trying to get a wrong, righted.  Almost always, the Plaintiff is our client.  We typically do not fund Defendants.

The “Defendant” is the person being sued by the Plaintiff.  They are the one who allegedly victimized the Plaintiff.

Timelines

Regarding our tag line of “cash for your lawsuit in 7 days or less”.  The fastest we have funded clients in the past has been 2 days.  And we often fund clients in 7 days or less. 

However, the “catch” depends upon how cooperative your attorney is.  If your attorney is un-cooperative, slow, or too busy to provide requested documents then funding your lawsuit advance may take longer than 7 days.  In some cases where the attorney will not cooperate we cannot fund the case at all.

Legal Disclaimer

We are NOT a law-firm or attorneys.  We cannot give any legal advice.  We are a Lawsuit Funding company.  However, we often can provide a list of attorney referrals.  If you do not already have an attorney or want to speak with other attorneys just ask us for a list of referrals or see the referrals already on our site.