Legal funding (aka litigation financing or lawsuit funding) is often utilized across various case types where individuals or entities may require financial assistance to pursue legal action. Legal funding can be used for just about every type of legal matter or case but is utilized more often in certain cases.
Legal funding can even extend to various other legal matters where individuals or entities require financial assistance to pursue or defend their legal rights. With that said, let’s take a look at some of the most common case types where legal funding is used.
Personal Injury
These cases involve individuals who have been injured due to the negligence or intentional actions of another party. Legal funding can help cover medical expenses, lost wages, and other costs associated with the injury, especially if the injured person is awaiting settlement or trial.
Class Action Lawsuits
In class action lawsuits, a group of individuals collectively sues a defendant. Legal funding can help cover the costs of litigation, such as legal fees and court expenses, which can be significant in complex class action cases.
Commercial Litigation
Businesses involved in legal disputes, such as contract disputes, intellectual property disputes, or breach of fiduciary duty cases, may require legal funding to cover the high costs of litigation and legal representation.
Mass Tort Cases
These cases involve multiple plaintiffs who have been injured by the same product, drug, or event. Legal funding can help plaintiffs cover the costs of litigation and medical expenses while awaiting resolution.
Employment Discrimination
Individuals who have been discriminated against in the workplace may pursue legal action against their employers. Legal funding can assist with covering legal expenses during the litigation process.
Medical Malpractice
Patients who have been harmed due to medical negligence may pursue legal action against healthcare providers. Legal funding can help cover the costs of expert witnesses, medical records, and other expenses associated with these cases.
Workers’ Compensation Lawsuits
Injured workers may require legal funding to cover living expenses and medical costs while waiting for their workers’ compensation claims to be resolved.
Divorce and Family Law
In contentious divorce or custody battles, individuals may need legal funding to cover attorney fees and other expenses associated with the legal process.
Environmental Litigation
Cases involving environmental damage, pollution, or toxic exposure may require significant financial resources to litigate against corporations or government entities responsible for the harm.
Appeals
Individuals or entities appealing court decisions may require legal funding to cover the costs of appellate litigation, including attorney fees and court filing fees.
Legal Funding From Cash Now Funding Group
Are you or a family member in need of financial assistance due to a lengthy legal battle? Are you preparing for a long-term legal battle to get the compensation you deserve? Cash Now Funding Group can be the financial lifeline you need while your case settles. Applying is free and confidential & no credit check is required.
