LawStreet Capital Announces Expansion of Single-Event Legal Funding Department
New York, New York (PRWEB) July 25, 2013 -- Lawstreet Capital, a legal funding company based in New York, announced the expansion of their Single-Event-Funding Department on July 23rd in order to provide additional funding opportunities for plaintiffs involved in personal injury lawsuits. In addition, they have added a new 24-hour approval option for applicants. Read more about LawStreet Capital on their website.
Lawsuit funding offers plaintiffs the ability to access cash to pay medical bills and other living expenses while they wait to receive their legal compensation– which, in some cases, could take years. Plaintiffs simply fill out a brief online application that includes basic information such as: name, email, phone number, attorney contact information, the type of case and the injuries sustained.
There are no credit checks or employment verifications necessary. After speaking with the applicant’s attorney about the status of the pending lawsuit, LawStreet Capital will notify applicants regarding approval within 24 hours. If they are approved, monies may be wired in as little as one day. Borrowers may receive anywhere from a few thousands to tens of thousands of dollars, depending on the facts of the case, the injuries sustained, and the likelihood of a winning a favorable settlement or jury verdict.
One of the most enticing aspects of lawsuit funding is that plaintiffs are not obligated to repay monies received in the event their lawsuit yields no compensation.
Lawstreet Capital’s new Single-Event-Funding Department is dedicated to serving the funding needs of people injured as a result of:
- Auto accidents
- Federal Employers’ Liability Act violations
- Premises liability
- Slip and fall accidents
- Wrongful death suits
- Construction accidents
- Discrimination, or
- Wrongful termination.
LawStreet Capital's Single-Event unit will increase customer service manpower and allow for the type of quick response plaintiffs need when awaiting long overdue compensation.
Charles Ernst, CEO of Lawstreet Capital explains, “The Company helps those who have been injured through no fault of their own, and in many cases, have been forced into disability for extended periods of time. Lawstreet provides funding at these critical points to help them cover their expenses while they wait for settlement.”
Mr. Ernst explains that, without advance lawsuit funding, many of their clients would be forced to accept a lower settlement than they deserve, as clients are often desperate to pay their bills after being out of work or recovering from a serious injury.
Though there are no stipulations concerning how people must use their legal funding payments, industry estimates set forth in a recent Fox Business online article suggest that about 60-85% of the money legal funding companies pay out to plaintiffs goes toward mortgage payments, car loans, utilities, filling up the gas tank and putting food on the table while waiting to settle their cases.
About LawStreet Capital
Lawstreet Capital operates in all 50 states to help personal injury plaintiffs pay their rent, health care bills and other important daily living expenses that can’t wait while the lawsuit is pending. Legal funding opportunities include pre-settlement funding, lump sum payments against a structured settlement and cash advance. More information can be found at http://www.lawstreetcapital.com.
Contact Info
LawStreet Capital
950 3rd Ave. #10
New York, NY 10022
866-386-3662
info(at)lawstreetcapital(dot)com
Andrew Orlander, http://injurylawyer-news.com/, +1 9142410371, [email protected]
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