Legal Finance Options for Plaintiffs

by : Lisa Colangelo

Legal finance is a term that most associate with lawyers and accountants. But for Oasis Legal Finance, the term legal finance takes on a quite different meaning. In a world where legal action and lawsuits abound, there is financial relief for victims of car accidents, personal injury, workers compensation, etc. in the form of a cash advance.

Offering the potential to pay for their day to day living expenses, legal financing presents plaintiffs with a cash advance that they then repay when they receive a settlement award. Many times those injured in accidents are the sole breadwinners. When their health and mobility is compromised, they're unable to pay their bills.

Their options are limited; they could borrow from the bank, but the bank expects a monthly payment; they could max out their credit cards, but still, a check needs to be sent each month; they could borrow from friends and family, but that has the capacity to strain long-formed relationships. When there is no money to make monthly payments, plaintiffs lapse into a crisis situation.

The alternative is utilizing a legal finance cash advance. By taking a cash advance against their pending lawsuit, plaintiffs can ease the strain of financial burden and not be out of pocket with money they don't yet have. Best of all, the cash advance is non-recourse. If the plaintiff doesn't win their lawsuit, they don't have to repay the money.

For most plaintiffs, legal finance has saved them from losing their homes, helped them pay their medical bills and kept them out of bankruptcy. Legal finance is a little known service and Oasis Legal Finance is making sure plaintiffs know where to turn in their time of need

Further info can be obtained at >Oasis Legal