Lawsuit Funding Companies Expect Busy Holiday Season Due to Weak Economy

Consumers In Need of Extra Cash Look to Borrow Funds Off Their Potential Settlements

Nov 07, 2011, 16:00 ET from CNJ Enterprises LLC

NEW YORK, Nov. 7, 2011 /PRNewswire/ -- The economy has gotten so bad that many consumers are looking for innovative ways to find cash in order to travel over Thanksgiving or raise needed cash for the Christmas and Holiday Season.  One funding market that is thriving this time of year is the lawsuit settlement funding industry, where consumers are willing to borrow funds off of their potential lawsuits – prior to even obtaining their actual settlement amount.  

Also referred to as Lawsuit Loans, the legal funding industry has been around since the 1990's but never has business picked up so dramatically since the economy as fallen on tough times.  And now that the holidays are around the corner, many of the companies have beefed up staff for what has become a hectic end to the year; where clients seek substantial cash advances over Thanksgiving and the Christmas Holiday Season.  

Legal-Bay LLC,, is an industry leader and says that they will be working around the clock to fund each and every funding request in order to "save Christmas" for their clients.  Dave Kole, CEO, commented "clearly this is our busy season, but with the bad economy only getting worse, we are genuinely here to help families with the extra money needed for travel on Thanksgiving or to buy Christmas or Hanukkah presents.  We have additional agents standing by ready to facilitate lawsuit funding requests with the quickest turnarounds industry wide so that their families get the needed cash to enjoy the holidays."  

Legal-Bay says plaintiffs with commercial vehicle, semi, or truck accidents; or car accidents cases who are "not at fault", will have a 12 hour funding process; while cases such as: Jones Act, Slip and Fall/premise, pharmaceutical, medical malpractice, wrongful death, and general personal injury or negligence cases will remain with a 24 hour funding process during the holiday funding season.

Borrowing off your lawsuit can be complicated and costly, so it is not for everyone.  To learn more about the lawsuit settlement funding process you can go directly to or call toll free 877.571.0405.  Legal-Bay is one company in the industry that offers a free evaluation of your case.    

CNJ Enterprises LLC, Caldwell, NJ  
Phone: +1-973-287-6190  

SOURCE CNJ Enterprises LLC