We are well aware of the heavy costing a lawsuit requires. It is one of the reasons why millions of cases are not reported due to the huge expenditure it needs for the plaintiff. While on one side it is encouraged to report civil wrong in the court of law, there are less was of doing so if you have lack of money. Financial assistance is not a new concept however; it has boosted its importance in the past few years. There are now institutions which are helpful and working in giving aid to lawsuits. Lawsuit funding is the process in which an individual attorney or legal firm finances his party’s or plaintiff case by availing financial assistance from the third party.
Terms and conditions for availing lawsuit funding
For availing financial assistance in a lawsuit, there are a few conditions or an eligibility criterion which has to be met by the plaintiff. Also, a few non-flexible terms are laid down by these fiscal institutions.Continue reading