2nd mortgage nevada |
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If you have struggled to find the wealth of information you need about 2nd mortgage nevada, then breath a sigh of relief because you have arrived at a web site that contains an abundance of 2nd mortgage nevada information. We consider ourselves experts in the field of 2nd mortgage nevada, we have a great interest in the subject and have dedicated a great amount of our own time sourcing good solid 2nd mortgage nevada information. Once we had our database of 2nd mortgage nevada web sites we sifted through it closely and came to the conclusion most of the entries were just rubbish. However we did find several which we are sure will provide you with exactly the 2nd mortgage nevada info you are looking for and invite you to click one of the links here. How Pre-Settlement Lawsuit Funding Works by: Afra AmirSanjari
An injured person contacts a company that offers pre-settlement lawsuit funding, sometimes at the suggestion of an attorney. The finance company contacts the lawyer who is handling the case, and obtains information about the case. Based upon that information provided, the loan company estimates the value of the likely eventual settlement or verdict, and offers a cash advance to the injured person based upon that estimate. The fee may be a flat fee, or a monthly fee that accrues each month the loan is outstanding. When the case settles, or the defendant pays after losing in court, the loan and associated fees are paid to the finance company. These advances are offered as non-recourse funding, which means that an injured person has no obligation to repay if the lawsuit is lost. Similarly, if the ultimate settlement or verdict is smaller than anticipated, the amount that must be repaid never exceeds the amount of the injured person's share of that verdict or settlement. For legal reasons, these advances are not characterized as loans. Amounts available vary significantly, depending upon the nature of the case and the company involved. Many companies offer pre-settlement funding amounts between $500 and $25,000. A few offer amounts up to $100,000. Fees also vary depending upon the company and the type of case. Some companies will fix the fee for the advance up front. Others will charge a monthly fee for each month between the time the funding is issued and when it is repaid, sometimes as high as 15% per month.
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