Saturday, September 1, 2012

Lawsuit financing activities - a scam or A Good Home-Based Business?


Financing lawsuit may be the rage in some "cash flow" circles, and can seem confusing.

But it's really very simple: plaintiffs in the processes needed cash to pay bills. They expect to win their cause, but they need money to tide them over in the meantime.

If you're in this business, you must provide liquidity to these actors. If they win their case, their lawyers turn to you all that cash advanced players, plus a profit. If they lose their case, then you get zip.

There are numerous companies including cash flows of mortgage brokering factoring and equipment leasing. Financing is another company due to cash flow, and a lot of usual suspects who make a business will do it.

But there are differences.

The lawsuit financing activities required to learn how to evaluate the causes winning. If you are investing your money, you better be sure you know what you are doing. You must judge the responsibility. You have to know what the damage is. You must know what the other side is likely to do in court. And you know how your case will end up winning.

Moreover, the skill-set to do factoring or leasing is different. Financing lawsuit requires you to build confidence among personal injury lawyers. You must speak their language. We must convince them that you are informed and in business for the long haul.

There are investors who will back if you are in this business, but want to have confidence in you. All in all, it is a business best learned from someone already doing, it has done for many years, and that can teach you the ropes.

That said, I expect this little-known field will explode in the coming years. There are approximately 16 million civil actions filed in state courts alone every year. And of these, perhaps two million wind through the court.

Behind every case is an actor. And behind every actor is often a flow of invoices pressing and crushing costs of living. These people may have physical injuries to deal with. Meanwhile, the landlord wants the rent, and children need a ride to school.

So it's a deal you can feel good if you decide to get into it. We help people when they are down. And you make a dollar. What could be better? ...

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