The legal financing industry is a fairly new industry. In fact, legal financing only became common in the past two decades.
At first, the legal financing industry was largely unregulated. Unfortunately, some companies took advantage of this situation and caused many people in the legal field to become skeptical about the benefits of the legal financing industry. However, over the past few years, more regulation and safeguards have been added to protect clients of legal financing companies.
The American Legal Financing Association (ALFA) was established in 2004 to provide and maintain high ethical standards and fair business practices in the legal financing industry. Although membership in ALFA is not mandatory, thirty-one legal financing companies, including Pegasus Legal Funding, have become members of ALFA. ALFA attempts to represent the legal financing company members and ensures that information about the legal financing industry is accurately disseminated. ALFA attempts to ensure that the legal financing industry meets the needs of all parties involved in the legal financing industry as well as all parties interested in legal financing.
Pegasus Legal Funding’s goal is to help clients see how beneficial legal financing can be. The legal financing industry can be very beneficial for personal injury victims and personal injury attorneys. Although the legal financing industry was at first viewed with skepticism, acceptance in the legal community is becoming more and more prevalent.
Pegasus Legal Funding has provided financial assistance to injury victims and their families for over seven years. There is no credit check and employment is not necessary. The only requirement to apply for litigation funding is a pending lawsuit with merit and a serious financial need. And, because funding is provided on a non-recourse basis, if the plaintiff loses the case, there is no obligation to pay us back. If you have been seriously injured due to the negligence of someone else and need financial assistance, contact us today or complete our free, online application. If we approve your request, we could have your funds in as little as 24 hours. The process is really that simple. MyLawFunds.com has provided settlement loan services to numerous plaintiffs all across the country. With our quick response system, we are able to provide the much needed funds to all of our applicants in a very short span of time usually within 3 working days, making our lawsuit funding services one of the fastest in America. The expert assessment teams with us make sure that our rates are lower than the rates provided by any other online settlement loan service provider. We usually provide financial assistance to individuals, companies and attorneys who have exhausted their resources while awaiting a fair settlement. Our cash advances will provide much needed relief to litigants who have been finding it to difficult to pay the increasing cost of litigation and other day-to-day expenses. Claimants can apply for lawsuit loans from us through the online application form available at our site. For applying, you have to just submit the form with all your personal details and our executives will contact you, as soon as possible, for further paperwork to be completed so that you get the funds as early as possible. Unlike personal loans, where you have to pay back even if the case is not settled, here you will not have to pay us back until the case is settled. If the case is not settled in your favor, you do not have to pay us back the money advanced by us. Our settlement loan services cover cases like medical malpractices, personal injuries, wrongful termination and a host of other lawsuits filed in the American courts. Any litigant can apply for our lawsuit loan services and be worry-free during the rest of their litigation proceedings! .:About the author:. Larry Stoddard is the General Counsel at Pegasus Legal Funding, LLC.
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