MANASQUAN, N.J., March 7, 2011 /PRNewswire/ -- Fair Rate Funding, a lawsuit funding company located in New Jersey, recently acquired the ability to fund cases in the State of Missouri thereby offering relief to those claimants who have a pending lawsuit but are encountering immediate financial difficulty.
Until recently, lawsuit financing, also known as pre-settlement loans, was unavailable for various reasons relative to applicable laws and their interpretation in that jurisdiction. Fair Rate Funding is pleased to announce its intention to facilitate lawsuit funding deals in Missouri for personal injury cases including motor vehicle accidents, slip and falls, medical and legal malpractice, products liability and worker's compensation. All other cases are considered on a case by case basis.
"The opening up of Missouri is a much needed boost for our clients who are involved in a pending lawsuit but cannot, for one reason or another, afford to wait until the case is resolved to receive their monetary damages," said Paul M. Coppola, Esq., president of Fair Rate Funding. "Until now, we were forced to decline these cases, even when it was very clear the client needed the money and would be successful in the case."
The lawsuit financing company has already concentrated efforts and resources to meet the anticipated increase in applications. Further, the company has implemented 24 hour operator service at their call center.
"We are very excited about this new ability to serve the people of the great state of Missouri," said Coppola. Reflecting on the possible necessity of plaintiff's to accept "low ball offers" due to pressing financial obligations, Coppola states, "(t)he most important benefit we provide Missourians is the ability to 'stay in the game' long enough to gain a fair settlement."
Fair Rate Funding also offers Missouri legal funding for pharmaceutical cases such as Avandia, Accutane, Baycol, Fen Phen, Fosomax, HRT, Ortho Evra, Paxil, Prempro, Vioxx, and Zyprexa. Also, Fair Rate Funding will consider lawsuit cash advance funding for the Kugel Mesh Patch and Mesothelioma in Missouri.
About Fair Rate Funding: Fair Rate Funding (http://www.fairratefunding.com) provides legal funding for those involved in civil lawsuits who qualify for financing. They provide immediate funding to meet a client's needs during the litigation process. The money helps plaintiffs ride out the process long enough to realize a fair recovery.
SOURCE Fair Rate Funding