Compounding interest on plaintiff funding can mean less funds for the injured client once a case settles.
Plaintiff funding companies are typically interested in a few simple issues, all related to the client's case.
For those who live paycheck to paycheck, being unable to work for even a short amount of time can mean financial ruin--Rockpoint Legal Funding
The last thing plaintiffs need in this situation is a delay in funding. Prompt funding can mean the difference between keeping financial obligations current and drowning in debt.
Advancing or lending funds to a plaintiff has its risks and costs.
When clients know upfront exactly how much they will be paying for their advance, it is far less likely that there will be any surprises or unmet expectations.
A settlement agreement with a public entity can take months, or even years, to hammer out.