Litigation Financing for Plaintiffs

Litigation Financing has recently become a necessary avenue for Plaintiffs to level the playing field against their deep pocketed defendants. Global Financial (http://www.glofin.com) is helping Plaintiffs stand up to these ruthless insurance companies by providing low cost funding to Plaintiff's that are injured and have been forced out of work. We advance cash on all types of personal injury claims. If you have been injured the by the negligent acts of another and have hired a lawyer then you qualify for a cash advance today.

Unfortunately many people who are injured by the acts of another are put out of work and are forced to live on their savings or borrow from their assets to pay immediate bills while they wait to receive their settlement. Litigation Financing which is also referred to as Litigation Funding can provide these people with some of their future settlement dollars today. In exchange for a portion of the plaintiffs potential future proceeds from his/her legal claim a Litigation Funding company will advance cash to the plaintiff.

Litigation Financing is an investment and is often referred to as a venture capital investment because of the risk involved. Litigation Funding is not a loan because the repayment is contingent upon and unknown event. For this reason when a plaintiff receives a cash advance against their personal injury claim proceeds the Litigation Funding company takes substantial risk with regard to repayment and if the case is lost then the Litigation Loan companies has no recourse to go after the plaintiff for the funds originally advanced.

The situation is all too common; a person is inured by the negligent acts of another and subsequently unable to work for a sustained period of time. The Plaintiffs financial obligations continue and they must pay their rent, mortgage, utility bills and everyday food expenses. Plaintiffs can apply for funding regardless of their credit, income or employment verification. Although banks will not lend to these people in need, companies like Global Financial understand the legal system and will advance necessary funds to those victims of personal injury who have a valid claim.

The personal injury claim proceeds that are received by a plaintiff at he conclusion of a case are after attorney's fees, case costs and medical bills have been paid. This is an additional risk that Litigation Loan Companies take when they advance money to plaintiffs. If the medical bills or case costs get too high then it is possible that there will be no money left over for the plaintiff and the litigation financing institution. This can make a plaintiff feel safe that they are not racking up personal debts that will be paid back regardless of the outcome of the claim. In many ways Litigation Funding is like Insurance so the client will receive a financial recovery from his/her claim regardless of the outcome in the personal injury claim.

There are several federal laws that protect injured workers and each plaintiff should be aware of them when applying for a lawsuit loan. The Jones Act protects longshoremen that are members of the International Longshore and Warehouse Union or ILWU (http://www.ilwu.org). Normally worker compensation laws that protect companies from personal injury litigation would be adhered to, however, if a member of the ILWU is injured and he carries a "Z Card" then he will be protected by the Jones Act. This allows the z card holder to sue his employer for pain & suffering, lost wages, future lost wages and specials. The reason the Jones Act was enacted was to protect those that work offshore or on docks where their jobs are deemed to be more dangerous than others. If you are a longshoreman and have been injured then you should consult with a lawyer who specialized in admiralty law and thoroughly understands the Jones Act as it pertains to Litigation Loans. The ILWU is the largest union of longshoremen and their members receive a discounted fee on lawsuit funding from a company called Global Financial (http://www.glofin.com). Regardless of whether the longshoreman holds a z card, they qualify for a low cost litigation funding advance from Global.

The second federal law that protects injured workers which is similar to the Jones Act is the Federal Employee Liability Act or FELA. This law protects injured railway workers in the same fashion as the Jones Act. If a railroad worker is injured on the job then their injury is not subject to worker compensation laws but rather to FELA. The FELA allows injured railway workers who may be members of the BLE (http://www.ble.org) or UTU (http://www.utu.org) to sue their employer for lost wages, future lost wages and pain & suffering. The FELA dates back to the early 1900's when the average life of a railroader was just 7 years. The railroad companies have been lobbying congress to abolish the FELA which is a real slap in the face to the hard working BLE & UTU Union members who risk their lives every day so the people of our country can receive the transported goods which must travel by railway. When workers are injured they may have disability insurance or they may apply for a litigation funding cash advance from companies that offer low rates on FELA cases. Global Financial (http://www.glofin.com) is one such company that offers low cost cash advance on pending FELA claims.

Litigation Funding is a new industry which will grow substantially so that the under-financed plaintiffs of this country can stand up to the deep pocketed defendants and receive the settlement they deserve from the injuries they sustained by the negligent acts of another. Global Financial has become a specialist in the field of providing litigation loans.

Apply Here

If you have been injured by the negligent acts of another person or at work and you have hired a lawyer then you qualify for a Litigation Financing cash advance. Finding a financially strong and reputable company to advance you funds against your pending legal claim is not easy until you find a company like - Global Financial. Below we answer some simple questions regarding how the process works.

How does Litigation Financing work?

After you complete our short online application (http://www.glofin.com) , we contact your lawyer office to request documentation supporting your claim. Our legal team will review the documentation and in most cases we can make a decision within 24 hours. We then contact you and inform you how much money we can advance to you. We can direct deposit money to your bank account or overnight you a check. It is our goal to get money into your hands as soon as possible!

What is the cost to me?

You pay NO upfront fees for a Litigation Loan cash advance. All fees are collected if & when there is a successful resolution of your claim. You owe us nothing until your case settles and if your case is lost then you keep our money for free! Click here to see our FEES

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