Asbestos pre settlement funding has become more common amongst the different types of cases lenders will take. Each year 1000's of people die from the exposure of asbestos. Asbestos is made up of tiny minerals found in old buildings, railroad dwellings, mills, mines and power plants. The effects of exposure to asbestos can cause lung cancer and scaring of the lungs. If not detected early, asbestos can be deadly.
Asbestos lawsuits can take years before a settlement is reached. Asbestos lawsuits can range to 6 figure and 7 figure payouts and for the defense these numbers are worth keeping a case in litigation. Companies that are being sued for asbestos tend to have large defense teams with the large cash reserves to fight such cases. Defense teams will intentionally hold up cases or appeal them in hopes the plaintiff or the their 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 wages and in some cases no money coming into a household. Families that need money to help pay for bills oftentimes will settle for less money because they are not financially capable of getting through a long settlement. If you are in the situation where you are having trouble paying bills and related expenses because of a long and hard fought lawsuit, you may qualify for asbestos pre settlement funding.
Pre settlement funding for asbestos lawsuits can help you keep your case alive without having prematurely settle your case. For some people, Asbestos pre settlement funding can give a plaintiff more time without having to settle their case.
Asbestos pre settlement lawsuit funding also known as a lawsuit cash advance is not a regular standard loan. Pre Settlement funding is generally non recourse. This means if your attorney is not able to win compensation for your case, you don't have to pay back the loan. This gives you the reassurance that if the case is lost you won't fall deeper into debt.
If you are currently seeking pre settlement funding for an asbestos case, we ask you to apply online at LawLeaf. LawLeaf can help you secure pre settlement funding by utilizing our network of legal funding companies. We work with each client in matching them with the right companies that are ready to compete for their business.
For more information on asbestos lawsuit funding visit LawLeaf today.
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