Dealing with litigations is tough. No matter, how strong your case is, no one can predict how long it’ll take to seek justice. Hence, having sufficient money in your hands is a must. But what if you fall short on it? Well, then you can get help from professional legal financing. Unlike typical loans, litigation funding will allow you to seek justice for your litigation but on someone else’s fund. So, you can get access to an equal justice system and hire a better lawyer to increase your chances of a good outcome.
But how can you know if your case is eligible for litigation funding or not? Well, let’s discuss that in the below blog post.
What types of litigations are eligible for 3rd party legal financing options?
3rd party legal financing ensures that a business or individual has enough financial capital to fight for their legal rights. There’s a wide range of legal cases with potential qualities to offer claimants the opportunity to continue seeking justice.
Well, here’re the top 10 of them,
1. Civil litigation cases:
i) Civil litigation cases cover a wide range of litigations, including property disputes, contract disagreements and/or personal injury claims.
ii) Individuals and businesses dealing with civil litigation cases can look for litigation funders to finance their cases through a 3rd party.
iii) It’ll provide them with capital to continue their legal battles.
2. Criminal litigation cases:
i) If you’re a defendant convicted of crimes, you can explore third-party financing options to deal with your litigations.
ii) The cases include procedural errors, potential wrongful convictions and/or disparities in the judgement.
iii) With the assistance of 3rd party legal funding, you can strive to seek justice and rectify the wrongful sentences.
3. Personal injury cases:
i) Personal injury litigations involving events caused by wrongful actions or negligence that end up in court trial due to inadequate compensation.
ii) If you’re facing any type of case like this, you can appeal for litigation financing to finance your legal matter through a 3rd party.
iii) So, you can pursue your legal fight to seek fairer compensation for their losses or injuries.
4. Insurance-related cases:
i) Insurance disputes can also qualify for litigation funding options.
ii) Cases involving claim disputes, coverage denials and/or benefit disagreements can lead to court trials for fairer outcomes.
iii) It can help policyholders (you) to challenge unfavourable situations.
5. Family-related litigation cases:
i) Family law-related matters such as divorces, spousal support issues and/or child custody battles can involve litigations with lasting implications.
ii) You can seek legal 3rd party funding to challenge the family court judgements and seek justice.
6. Real estate litigation cases:
i) In real estate matters, matters over boundary conflicts, property ownership and/or zoning issues can end up in court trials.
ii) Litigation funding can provide you with a lifeline to challenge the lower court rulings and fight for your legal rights to keep your property interests intact.
7. Constitutional litigations:
i) Legal matters that’re related to civil rights violations, constitutional issues and challenges to the government\'s actions can lead to far-reaching trials.
ii) Appealing for litigation funding can the claimants (you) to pursue justice and protect your fundamental rights by shaping the legal precedents.
8. Business and commercial litigation cases:
i) If you run a company that got engaged in some business litigations, commercial disputes, breaches of contracts or intellectual property disputes, you can seek third-party financing.
ii) By financing your commercial legal matters through a funder, you can continue your legal efforts to protect the reputation and interests of your brand.
9. Employment litigation cases:
i) Litigation funding is also valuable for employment-related lawsuits.
ii) Legal matters including wrongful terminations, fair compensation disputes and workplace discrimination can fall under this lawsuit.
iii) With third-party financing by the sides, employees (you) can seek justice for the negative impact on their rights and working conditions.
10. Estate and probate-related cases:
i) Probate and estate can often lead to court trials surrounding the wills, probate decisions and/or estate distributions.
ii) 3rd party funding can help you navigate the complexities of the litigations and seek justice for your rights.
Can’t decide how to deal with litigations when you don’t have enough capital? Well, seeking legal financing can help you. All you’ll have to ensure is that the funder is well-reputed and legit.
Author Bio: The Author is a litigation funder. For years, he’s helped many people handle their litigations. He’s also written many blog posts and articles on the same.
10 Types of Litigations That Are Eligible for Professional 3rd Party Financing
The following blog post talks about the top 10 types of litigations that are eligible to get professional 3rd party financing.
