GET CASH FOR LAWSUIT EXPENSES WITHOUT RISK
If you find yourself in the unfortunate circumstance where you have a civil lawsuit and you need cash for lawsuit expenses, there are a couple of options.
Credit Cards
If you have enough credit available, you can charge expenses on your credit cards. Unless you and your attorney feel strongly that your case will win, it's not necessarily wise to put legal expenses on a credit card, but sometimes there are no other options.
Borrow
If you feel you have friends or family in a sound financial situation, you may ask them to borrow money in order to get cash for lawsuit expenses. This is a tough option though, because although it may help you in your immediate situation, if you lose the case and do not receive your settlement...you still owe the person you borrowed money from.
Mortgage: If you have equity in your house, you may be able to pull money out of the mortgage, but this is even more risky than putting the expenses on your credit card. Imagine if you lose your lawsuit and now you owe even more money against your house. Not only is your mortgage loan increased, but you've lost the equity in your house. With debt accrued on your credit card, at least it was unsecured.
Lawsuit Loan / Cash Advance
The final option for finding cash for lawsuit expenses is a cash advance (also known as a lawsuit loan). This option is the most typical way to either finance your lawsuit or get you the money you need to pay living expenses, while your lawsuit is in progress. A cash advance (or lawsuit loan) is a non-recourse loan, which means that if you lose your lawsuit, you owe nothing.
A cash advance (lawsuit loan) from Global Financial Credit, LLC is one of the safest ways to fund your lawsuit.
Although the interest rates Global Financial Credit, LLC charge are among the most competitive in the industry, a lawsuit loan will have a higher interest rate than the financing you could get from a credit card or mortgage.
Here's the difference with lawsuit loan funding:
- Lawsuit loans are completely unsecured
- Lawsuit loans are completely non-recourse (if you lose, you owe nothing!)
- Lawsuit loans do not report to the credit bureaus.
The information contained in this article is not, nor is it intended to be, legal advice as Global Financial is not a law firm. You should always consult an attorney for advice regarding your individual situation.
Contact Global Financial Credit, LLC today at 866-709-1100 or apply below.
categories: cash for lawsuit