The concept of lawsuit funding was created to provide relief to pending litigants who, through no fault of their own, need financial assistance but do not qualify for traditional loan products. Legal funding is meant to help prevent plaintiffs from settling a case too early—for too little—just to get the bills paid.
“My business is centered around helping plaintiffs in need get the settlements they have coming to them,” stated attorney Mark Bello, owner and founder of Lawsuit Financial. “And, while structured settlement buy-outs should only be used as a last resort, because they will always reduce the value of a settlement, we understand some people must take this route because of economic issues they face. For that reason, we want to provide direction and knowledge to these plaintiffs to ensure they do the right thing for themselves and their families. Because we have tremendous buying power in this marketplace, we can leverage that power, make companies compete for our business, and provide the consumer with the best companies, strategies and pricing in the industry.”
“This is a very small industry and people working within it know who the reputable companies are,” continued Bello. “My goal is to provide this knowledge to plaintiffs to ensure they are taking the right steps for their future and security, and are working with companies who have their best interests in mind.”
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