We enable creditors to get some cash now for their claim without financial pressure to reach an early or less advantageous outcome. Claimants may need money in cases where valuable interim payments are not available or are insufficient. This type of funding is not a loan; there is no debt, no monthly payments, and no risk of collection calls. The funding is secured by the claim and is paid back at time of recovery. Inquire further about custom-tailored solutions.
Litigation finance provides capital to claimants, law firms, or companies collateralized solely by the future proceeds of their meritorious cases and legal claims. Litigation finance investments are highly customizable, making them potentially suitable for a wide variety of needs. Businesses can use the funding to pay for any case-related legal expenses, including attorney fees, expert witness fees, court reporter fees, arbitration filing fees, discovery, appeals, and more. While litigation progresses, companies can also use the funds to cover business operating expenses when existing sources of working capital are insufficient From a public policy standpoint, it provides a means to help make law firms and the legal system more accessible on a broader scale. Inquire further about custom-tailored solutions.
When it comes to law firms getting paid they may face unique challenges. Depending on the lawyer’s financial situation and area of practice, applying for law firm financing could help solve the problems around collections and cash flow management. Law firm financing allows attorneys and law firms to get paid for future income by using nonrecourse capital. Single-case litigation finance typically provides capital for legal finance and expenses to support a single case or arbitration. Portfolio litigation finance provides lawsuit financing to support multiple instances. Inquire further about custom-tailored solutions.
FOR FINANCING REQUESTS
BK Claim Trading, LLC
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