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"No Win...No Pay...No Risk" Lawsuit Loans Bridge Financial Gap
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Author: Kari E. Gray
Topic: Insurance
Viewed: 56 time(s)
[ Not Rated Yet ]
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"No one pays much attention to how a person who has been injured
is going to live while waiting for a case to go to trial. The
legal system tends to put people who cannot afford to wait for
their money at a disadvantage." - Boston Bar Association Ethics
Committee Chairman, Gerry Cohen
With these words millions of U.S. consumers every year find out
1st hand the truthfulness of Mr. Cohen's assessment of the legal
and the insurance system. "It's a painful experience one I hope
I never have to endure again" describes litigant Kari Spears
regarding her dealing with the insurance company liable when she
had an auto accident in 1997. The "extreme financial hardship &
pressure we endured can be described as a nightmare for my
children and I as we lived a total life change in one evening."
Many litigants describe their experience as "being left out to
dry by the insurance industry" and one of being "no one cares
how much suffering we really experience." The costs injured
plaintiffs sustain are far more than the actual pain and
suffering, as Spears states, "injuries affect everything
including your standard of living, you just can't maintain the
same earnings after an accident vs. prior to one. Then throw in
future credit and borrowing and you begin to know the real long
term side effects no one takes into consideration."
Is there a solution? 1st Choice Funding says so as it has taken
the "bull by the horns" by offering litigants nationwide the
opportunity to have cash in hand now, when plaintiffs need it
most vs. when settlement finally occurs. The program is called
"No Win...No Pay... No Risk" Lawsuit Loans, and this innovative
program puts litigants in the position to receive cash prior to
settlement with no credit, no employment, no monthly payments,
no collateral, and no risk for repayment if a case is not
successfully litigated.
"No Win...No Pay... No Risk" Lawsuit Loans are unheard of from
traditional banking approaches to lending money conventional
lenders agree. "1st Choice Funding's Lawsuit Loans aren't really
loans at all and that's why conventional approaches aren't how
we make determinations for funding" said company president
Timothy S. Gray, "lawsuit loans are what consumers call them but
in reality what they are advances made on future settlement, and
that's something conventional lenders just don't understand."
"No Win...No Pay...No Risk" Lawsuit Loans are an answer to many
prayers as litigants who have seized the opportunity are no
longer forced into early settlement due to financial hardship. A
lawsuit loan can mean the difference in thousands of extra
dollars at the time of settlement for litigant and their
attorney because time is money, and money staves off the
insurance companies stall tactics.
Make no mistake delayed settlements are no coincidence; the
insurance industry has capitalized on the added profits obtained
from the interest earned time generates as well as what
settlement for pennies on the dollar does for their bottom line
when litigants are forced into financial hardship.
To find out more about this innovative service, log onto the
company website at http://1stchoicefunding.com and see for
yourself what innovation at work can do in providing millions
with a long past due financial remedy.
About the author:
Kari E. Gray is a 20 year veteran senior financial consultant
for 1st Choice Funding. During her career Ms. Gray has generated
tens of millions in funding and for clients, while
simultaneously saving tens of millions in operations for other
clients. As the senior advisor to the firm Ms. Gray has
spearheaded innovative financial solutions for clients who
include business, industry, plaintiffs and attorneys looking for
financial solutions.
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