Asbestos lawsuit funding is becoming more common amongst the different types of cases lenders will take. Each year thousands of people die from the exposure of asbestos. Asbestos is made up of tiny minerals and most commonly found in older buildings, railroad houses, mills, mines and power plants. The effects of exposure to asbestos typically causes lung cancer and scaring of the lungs. If not detected early, asbestos can be fatal.
Lawsuits for asbestos cases can take years before a settlement is reached. This is because most asbestos lawsuits can range to 6 figure and 7 figure payouts. Those companies that are being sued for asbestos tend to have large defense teams with the financial backing to follow. These defense teams will intentionally hold up or appeal cases in hopes the plaintiff or the families will accept a lower amount of money to settle the case.
Unfortunately for many families whom have a lost a love one due to the exposure of asbestos, time is critical. For many families a lost of a love one means a loss of a salary and little to no money coming into a family. Families that need money to pay for bills oftentimes will settle for less money because they are not financially capable of getting through a long settlement. Asbestos lawsuit funding can help.
Lawsuit funding for asbestos can help you keep you case alive without having to settle for less. There are many expenses not only as a result of the case, but also money that surrounds your ability to pay for your bills. Asbestos funding can result in getting full compensation rather than partial compensation.
Asbestos lawsuit funding also known as pre-settlement lawsuit funding is not a regular loan. In fact, if your attorney does not win your settlement, you don’t have to pay back the loan. In the legal industry this is called non recourse funding.
For those people that are considering lawsuit funding for an asbestos case please visit LawLeaf today for more information. LawLeaf is an online lawsuit funding company that connects our clients with those lender ready to compete for your business. If you are looking for information on asbestos lawsuit funding vist us today at http://www.lawleaf.com.
Filed under: Lawsuit Funding |