Business Disputes Can Become Expensive Lawsuits
The world of business is complicated and there are often disputes and controversies in day to day business
transactions. Even though a minor dispute may look simple, it has the potential to become a very serious and costly lawsuit. Disputes can turn into litigation, and the victim party needs the help of an experienced commercial attorney to resolve the problem.
Always try to hire an attorney on a contingency fee arrangement so that if there is no recovery in the case, there are no attorney fees, although a client may be charged court costs and expenses. Attorneys hired on a contingency basis also are a powerful motivator to work hard on the case.
Commercial litigation takes a while to resolve and can be worrisome for business plaintiffs. The future of a business can even be at stake because of financial worries and cash flow. Related expenses can drain personal and business assets and put the business at risk. Business investors and customers may even pull away causing even more problems.
Business plaintiffs may have to accept a lower value for their case that could be worth millions, just because they need cash. It is possible to get a cash advance on pending business litigation before the case is settled. The advance is based solely on the strength of the case. These are called non recourse lawsuit loans and are only repaid when and if there is a recovery in the case. There are no risks, no out of pocket expenses, or application fees. If approved for funding, you are not obligated to accept the advance if approved. Lawsuit loans help maintain a positive cash flow.
Funds can be used in any way the plaintiff desires. Plaintiffs may desire to pay down debt, maintain or for business expansion, payroll, operating expenses and to help maintain the confidence of creditors, investors and employees, or even keep your personal financial obligations in check.
Check with us to see if your case qualifies for a business lawsuit loan advance.
Freedom First Funding 360 892 6667 toll free: 877 386 3374
About the Author:
Linda Hughes is a legal funding broker, and gives free consultations to plaintiffs of business and private litigation cases.
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