Injury Funds Now
Asbestos Case Funding
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Editor: Lauren Lipcon
Profession: IFN Program Director
Category: Types of Cases
Recently we have been receiving an abundance of requests for lawsuit funding on asbestos cases. While Injury Funds Now does not fund asbestos cases, other companies may, but they are playing a risky game here. Just because a Plaintiff may have won their case, does not necessarily mean they will ever see a penny. There's collectibility to look at.
Basically what's happened is that there is not enough money to pay out on all the asbestos cases, which is why clients are still waiting for their recoveries. The funds is running out of money, and cases will be paid out prorata(meaning payments to Plaintiff's will be made on a proportional basis out of what is left). So depending on how much is left to pay out, everyone's recoveries will be reduced on a percentage.
To advance money on something where the client may never see a penny is just not doable. Even if they are guaranteed something, the reductions could be so low that there is just no room for an advance.
If you are interested in learning about the cases that we do fund, please fill out the form at the top right corner of this page and we'll get back to you within 24 hours! In the right situation, Injury Funds Now services and lawsuit funding can be really helpful in your pursuit to obtain the highest recovery possible!
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