Yonkers, NY (PRWEB) August 20, 2012
Alpha Legal Funding Inc. is pleased to announce the roll out of its new website. Deemed as a legal funding exchange serving plaintiffs, attorneys and commercial litigants, the site boasts a clean and user-friendly layout where prospective clients can explore the many services the Alpha Legal Funding has to offer.
Lawsuit funding or litigation finance is relatively new but simple idea. It is a practice in which individuals who are plaintiffs in lawsuits receive money from firms and individuals who take a lien on the proceeds of a personal injury suit in return for immediate cash. It is not considered a loan as the money does not have to be repaid if the plaintiff's lawsuit is unsuccessful. In other words, it is a non-recourse cash advance. To this end, to qualify for funding with a legal financing company, a litigant's case must have sufficient merits. Funding companies also advance money for attorney fees; however, some require the plaintiff to receive the funds for their personal injury.
“This represents a critical milestone for us”, noted Alpha president Karl A. Minner. “ Through this vehicle, we hope to develop inroads to the structured settlements and workers compensation segments of the business.”
Alpha Legal Funding Inc., is a full service litigation financing firm that provides non-recourse cash advances to plaintiffs who are in immediate need of cash today before their case settles. Bear in mind that it should be a means of last resort. To find out more about Alpha Legal Funding and the services they provide please visit at http://www.Alphalegalfunding.com or call them toll free at 1-877-224-1942. Alpha Legal Funding offers free evaluation of your case.