Advantages and disadvantages of Lawsuit Loans
If you are in the middle of a lawsuit and need money, would it be a good idea to take out a loan to keep the lawsuit afloat until it is settled? When faced with growing bills and insufficient income, plaintiffs consider borrowing money on account of the proceeds they want to obtain from the lawsuit. This process is called financing demand settlement funding , lawsuit loans, or advances on cash demand. Below are some advantages and disadvantages of these financings. Consider them carefully before making the decision to apply for demand financing.