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Post by tomcruise07 on Dec 8, 2011 7:42:21 GMT -5
The attorney who is a specialist in similar cases will be able to help the individual get the right amount as a Litigation Loan. For instance, as a layman an accident victim is not aware about the recovery settlements. The company he resorts to may offer him a cheap Litigation Loan. This may profit the company, but the victim will not get his right dues for the damages caused.
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Post by russell007 on Dec 8, 2011 7:52:39 GMT -5
Litigation is a very expensive process. Often, an individual's meager savings and investments will not be sufficient to fight a case. They have to depend on other sources for funds. At such a time, litigation financing companies offer Litigation Loans. These are not loans in the literal sense of the word. Litigation Loans are in fact advances or investments that are offered to the individual involved in litigation.
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