Why Legal Funding
Bridging The Gap
Benefits of Advance Payments
Legal funding, also known as lawsuit funding or settlement funding, serves as a financial lifeline for individuals involved in legal disputes or awaiting settlements. This Advance Payment is designed to provide immediate cash advances to plaintiffs in workers’ compensation, personal injury, or other legal cases, with repayment contingent on the outcome of the case. Regardless of whether a client is in financial distress because of their injury or were in distress prior to the injury, the effects of financial pressure can be debilitating and can quickly lead to financial instability and added stress for the injured worker and their family. The financial and psychological stress can also have a direct impact on the management of their case.
The primary reason for seeking an Advance is to alleviate financial strain that often accompanies lengthy legal battles. Many individuals facing legal challenges may struggle to cover everyday expenses, medical bills, or other financial obligations while waiting for a resolution in their case. Advance Payments help bridge this financial gap, allowing plaintiffs to access crucial funds to meet their immediate needs.
Client Benefits
One of the key benefits of an Advance Payment is that it levels the playing field for plaintiffs who might otherwise feel pressured to settle early due to financial constraints. By providing financial support, Advance Payments empower plaintiffs to pursue their cases vigorously and negotiate from a position of strength. This can result in better outcomes and fairer settlements for individuals who might otherwise be at a disadvantage in legal proceedings.
Moreover, Advance Payments offer a non-recourse arrangement, meaning that plaintiffs are only required to repay the advanced funds if they win their case or reach a settlement. In cases where no settlement is reached, plaintiffs are not obligated to repay the funding, thus minimizing the financial risk associated with pursuing legal action.
However, Advance Payments benefit both the client and the attorney.
Attorney Benefits
Advance Payments not only benefit clients awaiting a settlement, but it can also be advantageous for the attorney litigating the case. For attorneys, Advance Payments help ensure that their clients have the financial stability needed to pursue their case effectively. By providing clients with access to funds for living expenses and other costs, the Advance Payment can help prevent clients from settling prematurely due to financial constraints. This can ultimately lead to better outcomes for both the client and the attorney, as it allows the legal team to focus on building a strong case without the distractions of financial worries.
Overall, legal funding through Advance Payments plays a crucial role in ensuring that individuals have access to justice and are not unduly burdened by financial constraints when seeking recourse for civil wrongs. By providing financial stability and support during challenging legal battles, Advance Payments serve as a valuable resource for plaintiffs who are navigating the complexities of the legal system.
As an 18 year partner with Florida Workers’ Advocates, Capstone Financial Services has provided an unwavering commitment to assisting your clients bridge the gap between injury and settlement. Capstone provides access to prompt, reliable and professional Advance Payment assistance to help you and your client navigate the financial challenges that may arise during the legal process. Capstone offers competitive rates and flexible options tailored to meet your client’s specific financial requirements during the litigation of their case. Our team has extensive experience in the industry, providing expertise and guidance to clients throughout the process. Furthermore, Capstone prides itself on its commitment to transparency and ethical practices, ensuring that clients are fully informed and supported every step of the way.
If you have a client in need of financial assistance while you pursue the litigation of their case, they may call Capstone directly to begin the process of review and approval at 502-645-7662.
Joe M. James | Managing Member
Capstone Financial Services
4510 Charlestown Rd, Suite 400, PMB 229
New Albany, Indiana 47150
P 502.645.7662 | F 502.650.8251
www.capstonefinancialllc.com