How to Fund a Lawsuit When You’re Broke

It is very difficult to plan for the unexpected. There are so many things that could happen in life, trying to be prepared for all of them is nearly impossible. Going to court is never a fun experience, but it is a necessary evil in the event that you are wronged in some way and need financial restitution to make it right.

Getting into a car accident that was the other driver’s fault, being fired from your place of unemployment without just cause, and injuring yourself at a place of business, are common unplanned situations where filing a lawsuit is justified and required.

“But how do you go to court and win your case if you are flat broke?”

This question troubles many people. Lawsuits are simply not cheap. In order to hire a good lawyer, you are going to need access to sufficient money. The irony is that usually it’s the accident that you are filing the lawsuit against that has caused you to become broke in the first place.

If you are in this scenario, you are going to need to be able to raise money fast. One avenue that many people choose is to borrow money from friends and family. Although this can generate some capital, it has the potential of putting an emotion strain between you and those you love most. Not to mention that even collectively, they may not be able to provide all of the funds needed to win your lawsuit.

Another choice would be to have a garage sale. Sell all of those items of value that you have that you can part with. Bigger or more expensive items can be listed on eBay or Craigslist. This will bring in cash quick, but you are again faced with the possibility of not having the required funds necessary to secure the attorney that you want and have the judge rule in your favor.

Lawsuit loans have been gaining lots of popularity over recent times as a way for people short on cash to pay for their lawsuits. The way it works is simple: you apply for a lawsuit loan, your case is reviewed by a participating loan provider, and you are given the funds needed to best fight your case. Once you win and have the settlement awarded to you, you pay back the loan and keep the rest of the money.

Dealing with a lawsuit when you have no money can be incredibly frustrating and overwhelming. You can borrow money or raise some from selling your personal effects, but the most efficient way to get the funds to go to court is to get a lawsuit loan.

Bio: Jacob Taylor, a finance writer for AnyLawsuits.com, is an under-graduate writer who enjoys writing financial articles that help readers understand their options and how they can save money.

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