Employment discrimination lawsuit loan or lawsuit funding is a non-recourse cash advance provided to a plaintiff involved in an employment discrimination or workplace harassment lawsuit even before his/her lawsuit is settled or resolved.
Most of plaintiffs involved in employment discrimination or workplace harassment litigation or lawsuit do not realize that they can get lawsuit settlement loan or lawsuit funding before their case settles. It is a contingent transaction in which cash loan is advanced based solely on the merits of a pending employment discrimination lawsuit. Lawsuit loan is paid back only upon successful verdict or settlement of the lawsuit. If the employment discrimination or workplace harassment lawsuit plaintiff loses case, the cash advance is never paid back to the lawsuit loan funding company.
What is Employment Discrimination?
In our country U. S. , employment discrimination occurs whenever an employer or its representatives adversely single out employees or applicants on the basis of age, race, gender, *** orientation, disability, religion and a variety of other reasons.
According to the U. S. Equal Employment Opportunity Commission (EEOC), employers can not discriminate against you in any aspect of employment, such as:
Hiring and firing Compensation, assignment, or classification of employees Transfer, promotion, layoff, or recall Job advertisements Recruitment Testing Use of company facilities Training and apprenticeship programs Fringe benefits Pay, retirement plans, and disability leave
The EEOC reported that it received 82,792 job-bias charges from private-sector employment in fiscal year 2007, the highest number since 2002 and the largest annual increase (9%) since the early 1990s. The most notable increases were for race (12%), retaliation (18%), age (15%) and disability (14%) discrimination.
If an employee experience employment discrimination or workplace harassment then he/she has the right to go for a legal resolve by means of employment discrimination lawsuit or claim. Depending on the kind of discrimination, the lawsuit will be called as following:
1. Age Discrimination Lawsuit 2. Racial Discrimination Lawsuit 3. *** Harassment or Discrimination Lawsuit 4. Gender or Sex Discrimination Lawsuit 5. *** Orientation Discrimination Lawsuit 6. Disability Discrimination Lawsuit 7. Religious Discrimination Lawsuit 8. Pregnancy Discrimination Lawsuit 9. Workplace Harassment Lawsuit etc.
David vs. Goliath:
Mostly the legal battle between employment discrimination client plaintiffs and defendants is like a clash between David vs. Goliath. Employment discrimination lawsuit cases are very complex to handle and to resolve and if it is against a major corporation their attorneys will be able to delay lawsuit judgment for years. Even if, law is on your side, deep-pocket defendants can buy time with legal ploys and delays, and maneuver to frustrate the plaintiffs. They exploit the cumbersome process of law.
You will agree that justice delayed is justice denied.
Most of the victims of employment discrimination may have lost their jobs. The plaintiff/victim has trouble paying his/her mortgage, rent, car payments, or other living expenses; while waiting for the settlement of the lawsuit. Many of them may be one or two payments away from foreclosures. They need cash money now.
How Employment Discrimination Lawsuit Loan or Lawsuit Funding Helps?
Employment discrimination lawsuit settlement funding provides plaintiff, the cash loan so that their attorneys have more time to negotiate the best possible lawsuit settlement for their pending employment lawsuit or legal claim. By offering appropriate lawsuit settlement funding or settlement advance, a reputed lawsuit funding company enable the plaintiffs to resist financial pressure to take the first low ball offer made by defendants attorneys.
Once the plaintiffs involved in employment discrimination litigation dispute get interim lawsuit funding or lawsuit loan, it can be used to cover credit card debt, mortgage payments, medical bills and other living expenses. By helping plaintiff client through a difficult period, lawsuit loan funding company also give the extra time to negotiate a larger settlement.
The practical value of available cash money is at maximum, when you are in financial distress.
Employment discrimination litigation process usually causes intense financial stress and mental anxiety under the best of circumstances. It can cause lot of financial strain from lost or reduced salary or wages or tapping into cash reserves. But employment lawsuit loan or lawsuit funding will ease or alleviate the pressure and will make it a less tedious process. The cash advance available from a lawsuit loan will make it easier or less difficult and will contribute financial strength to reduce the economic anxiety and financial problems.
An employment discrimination or workplace harassment lawsuit loan or lawsuit funding allows you to leverage the expected settlement from your case to obtain the cash money you need now. Lawsuit funding or lawsuit loan eliminate the need to accept a minimal settlement amount due to personal financial pressures, and get the fair and just settlements the plaintiffs deserve.
About the Author: Paul Sherman, The Lawsuit Money Man, is a Legal Funding Consultant at Easy Lawsuit Funding. Visit our website http://www.easylawsuitfunding.com to get additional useful knowledge and information about employment lawsuit funding and make an educated decision to apply for your employment lawsuit loan or lawsuit funding today!