Who Will Loan the Lawsuit Funding?
April 4, 2011 5:12 pm FinanceIn order to properly underwrite a personal injury Lawsuit Funding, your lawyer will request the following documentation for review: Proof of injury through medical and operative reports, Proof of accident, and Proof of Insurance & Coverage Information. This funding can be defined as a non recourse cash advance against a pending or settled lawsuit. This means if the borrower secures funding from a lender, and is ineffective in receiving an award from the lawsuit; the advance does not have to be paid back. So, if you are a borrower, you need not to pay for the money that you have borrowed if you will not win your case.