Legal-Bay Unveils INSTALL Funding Solution for Plaintiffs in Legal Battles

Legal-Bay Unveils INSTALL Funding Solution for Plaintiffs

Legal-Bay, a recognized leader in pre-settlement funding, has made headlines by launching its innovative INSTALL funding program, which is tailored specifically for plaintiffs navigating the complicated waters of active litigation. This initiative marks a significant shift in how individuals can obtain financial support while they wait for their cases to resolve, providing them with a structured way to manage their expenses across several months.

The reality of pursuing a legal case is often fraught with financial strain as plaintiffs frequently find themselves unable to work during their litigation. Recognizing this gap in support, Legal-Bay has stepped in with a program that enables individuals to receive monthly payments instead of a one-time cash advance. This model is designed to alleviate the stress associated with managing monthly costs such as legal fees, medical bills, and housing expenses.

Chris Janish, CEO of Legal-Bay, highlighted the common difficulties faced by individuals embroiled in legal battles. He stated, "Legal battles can be incredibly stressful, especially when they drag on for months or even years. We created INSTALL funding to provide ongoing financial stability for our customers when they need it the most, when they are stuck at home and can't work, but still need to have their bills paid on the first of the month."

This comprehensive funding option has emerged as one of Legal-Bay’s most sought-after services. Attorneys recognize that their clients need a reliable cash flow to produce effective legal representation. Thus, INSTALL funding ensures that plaintiffs can meet their obligations without accumulating debt or experiencing financial setbacks as they anticipate their settlements.

Unlike traditional bank loans, which necessitate hefty lump sums and often unfavorable repayment terms, INSTALL funding offers a more tailored approach. Clients can withdraw only what they need on a monthly basis, which could result in reduced repayment amounts once their cases conclude. This strategy not only promotes fiscal responsibility but also fosters better financial planning during the often lengthy litigation process.

Legal-Bay has structured INSTALL funding to cater to a variety of cases, from personal injuries and slip-and-fall accidents to medical malpractice and workers' compensation claims. This breadth of applicability means that many plaintiffs can find tailored financial support through this option.

As a leading entity in the legal funding sector, Legal-Bay prides itself on delivering exceptional service. Many know them for their quick turnaround times and supportive staff, who are dedicated to walking clients through the process—dispelling common misconceptions about lawsuit funding often being equated to traditional loans.

Instead, the funds provided through INSTALL are classified as non-recourse funding; they only need to be paid back if the plaintiff wins their case. Therefore, if a client does not receive a favorable outcome, they are not burdened with repayment, significantly mitigating the associated risks of financial strain.

For those in need today, Legal-Bay has made applying for INSTALL funding straightforward. Interested plaintiffs and their lawyers can simply visit Legal-Bay's website or call their action line for immediate assistance.