Does Legal Funding Encourage Litigation?

Don’t be afraid if you need cash now, call us at 855-386-3968 or apply on our website.Some people claim legal funding encourages litigation and leads to frivolous lawsuits. However, this is not true.

Pegasus Legal Funding only provides legal funding to clients who have a pending personal injury lawsuit. Pegasus Legal Funding is not creating more litigation because the cases Pegasus Legal Funding provides legal funding to already exist.

Further, Pegasus Legal Funding does not fund frivolous lawsuits. Pegasus Legal Funding carefully evaluates every case that a funding request comes in for. Pegasus Legal Funding gets paid only if the lawsuit reaches a settlement. If the case does not get a settlement, Pegasus Legal Funding loses the money it invested in the case. So, if a case does not appear strong enough to get a settlement, Pegasus Legal Funding will not fund the case.

Further, a recent study indicated the number of legal funding cases rose by 37% over a given period of time while the number of tort cases actually decreased by 24% over the same period of time. Although there is not a definitive way to link legal funding to the decrease in tort claims, the study does show legal funding is not creating an increase in tort claims.

Despite the fact that there are those who would like to suggest that legal funding is a bad thing because it leads to more lawsuits by providing a financial incentive to people to file frivolous claims, there is no data to back up that assertion. The reality is that legal funding is a valuable resource for plaintiffs who need help making ends meet while they wait for their case to settle.

MyLawFunds.com has provided settlement loan services to numerous plaintiffs all across the country. With our quick response system, we are able to provide the much needed funds to all of our applicants in a very short span of time usually within 3 working days, making our lawsuit funding services one of the fastest in America. The expert assessment teams with us make sure that our rates are lower than the rates provided by any other online settlement loan service provider. We usually provide financial assistance to individuals, companies and attorneys who have exhausted their resources while awaiting a fair settlement. Our cash advances will provide much needed relief to litigants who have been finding it to difficult to pay the increasing cost of litigation and other day-to-day expenses. Get the finest settlement loan services only from us!

Claimants can apply for lawsuit loans from us through the online application form available at our site. For applying, you have to just submit the form with all your personal details and our executives will contact you, as soon as possible, for further paperwork to be completed so that you get the funds as early as possible. Unlike personal loans, where you have to pay back even if the case is not settled, here you will not have to pay us back until the case is settled. If the case is not settled in your favor, you do not have to pay us back the money advanced by us. Our settlement loan services cover cases like medical malpractices, personal injuries, wrongful termination and a host of other lawsuits filed in the American courts. Any litigant can apply for our lawsuit loan services and be worry-free during the rest of their litigation proceedings!

Leave a Comment