Your Guide To No-Risk Legal Funding
Northbrook, IL (PRWEB) December 21, 2005
With over 11,000,000 lawsuits in the legal system at any one time, legal help is readily available. However, plaintiffs in personal injury lawsuits also have a significant need for immediate financial help while they wait for their settlement. Here is when a “lawsuit loan ,” or more accurately, a lawsuit cash advance can make all the difference for both the plaintiff and his or her attorney. Amazingly, a full 90% of those plaintiffs that would qualify for lawsuit financing don’t even realize help is available.
Oasis Legal Finance, a leader in the lawsuit financing arena, is spearheading the effort to get the message out about lawsuit cash advances , commonly referred to as a lawsuit loan , by providing nationwide cash advances against a plaintiff’s pending lawsuit. Oasis Legal Finance has recently developed a free report, “Your Guide To No-Risk Legal Funding,” available at its web site at http://www.OasisLegal.com.
“The plaintiff is the little guy in a 'David and Goliath' scenario," explains Gary Chodes, founder and CEO of Oasis Legal Finance, a three-year-old company based in Northbrook, IL.
“While most plaintiffs can find the legal help they need to address their problem, they are not aware that there is financial help available as well to help them get through the difficult financial situations often caused by their personal injury. A lawsuit cash advance gives the plaintiff the financial breathing room to cover mortgages, medical bills, and day-to-day living expenses, while their attorneys continue to fight for a fair settlement”, he continued.
Structured to provide an alternative to traditional loans; i.e. bank loans, credit cards and home equity loan programs, Oasis Legal Finance takes 100% of the risks from the plaintiff by providing cash on a non-recourse basis, meaning if the plaintiff’s lawsuit does not settle then the advance does not have to be repaid.
A major challenge to the plaintiff is that often defendants have huge resources that enable them to keep cases tied up in the legal system for years. This can place undue pressure on the plaintiff to settle early for far less than what might be fair. A lawsuit cash advance levels the playing field and can buy the attorneys extra time to fight for a fair and often larger settlement. Attorneys welcome larger settlements as that equals a larger contingency fee.
One such client to benefit from lawsuit financing from Oasis Legal Finance is Ken Blow, a plaintiff involved in a complex and exhausting lawsuit. "My attorneys provide the legal help I need, but Oasis single-handedly allowed me to continue this fight and keep my family's head above water," Blow said.
Oasis Legal Finance has developed a streamlined process to quickly provide lawsuit financing for personal injury and other types of lawsuits. Within 24 hours of approving an application, funds can be wired directly into the plaintiff’s bank account.
A lawsuit cash advance is a sound alternative to help alleviate an already stressful situation. Oasis Legal Finance supports thousands of plaintiffs a year with this form of lawsuit financing to help see them through their financial hardships, caused by a personal injury, until their case settles.
To obtain a copy of the free report, go to http://www.OasisLegal.com