Common Myths About Litigation Funding Busted Litigation funding or legal financing is a relatively new concept but one thats seen steady popularity over the years. It also has its share of suspicious onlookers who view it as badly as they do a loan. Litigation funding is like a traditional loan Strictly speaking, litigation funding is a type of loan as it involves a lender giving a plaintiff money which is repaid once a settlement is reached. However, its also very different in that the plaintiff doesnt have to repay the amount if he loses the case. He pays only if he wins. In this way, litigation funding is not a loan but merely a solution to the problem of not being able to fund legal fees alone. finance-features.blogspot/2013/12/common-myths-about-litigation-funding.html
Posted on: Wed, 05 Feb 2014 12:17:17 +0000
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