The 2014 State Liability Systems Ranking Study says that over 73% of senior attorneys feel that the U.S legal climate is negatively affecting business. To appreciate how grave this situation is, consider a study by US. Small Business Administration (SBA) that reckons over 55% of small businesses fail within the first six years due to legal problems.
Debilitating Legal Costs
It is a costly business to be taken to court and while you might be the innocent party; your business will still be hit hard. What then do you do when the ominous court summons arrive? It might never cross your mind that your entrepreneurial dream is starting its way down but the costs you incur 6 months down the line will jolt you to this fact.
Well, there is a way out through lawsuit funding where your case gets financing until settlement. If you win and there are damages, you will comfortably repay the advanced funds at a low interest. What’s more financing is quick and it doesn’t involve credit checks.
Using Consumer Reviews for Best Deals
There are many companies offering these services but to get the best, you need to visit a consumer review page to assess the reputation of prominent firms. Here are some of the ideas you will glean from these pages:
- Crème de la crème of lawsuit funding: A review page will have a list of the top companies and this makes your work quite easy. You will have a list of the companies to compare before finally picking the most ideal.
- Galore of features: You need to work with a company that offers the best array of features. For instance, check the period of approval, fees involved, risks, free analysis, credit checks, amount you can get based on your settlement among other details.
- Customer testimonials: Word of mouth spreads like bush fire and if a company has helped other businesses survive tumultuous times, then you will get to know about it from testimonials by past clients.
- Mode of approval communication: You will learn how the firm will communicate with your once your request is approved. It can be by phone email or other agreed means.
- Ease of application: You will learn whether it is possible to apply online or you have to go to the office.
- Reputation: Is the funding company BBB+ accredited? There is no better way to learn about the reputation of a particular firm than by checking reviews and learning whether it has accreditation.
- Guarantees: Does a company give a guarantee to beat any other offers you have received? If yes, it shows it is established and it has resources and expertise to analyze your case.
From these websites, you are also able to learn when the company was launched and how many clients it has helped successfully. This ensures you only work with old hands in litigation advances industry who know how to maneuver the convoluted aspects of the law.
About The Author
“Billy Morgan is an old hand in the legal industry having worked from the bottom as a court clerk to become one of most experienced litigation experts in Boston. He is one of the experts evaluating these firms on top consumer reviews and you can take his word to the bank.”
from http://monalisaofblogging.com/looking-for-lawsuit-funding-start-with-top-consumer-reviews
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