Secret of Qui Tam Lawsuit Funding – Lawsuit Loan
It is a very little known secret that if you are involved in a Qui Tam lawsuit and having fiscal problems, than you may qualify for a non-recourse lawsuit settlement loan better known as Lawsuit Loan or Lawsuit Funding.
Qui Tam Lawsuit Funding – A Little Known Secret!
Most of Qui Tam litigation plaintiffs and even some lawyers do not know that a plaintiff involved in litigation can use the potential settlement as collateral to get a non-recourse lawsuit loan or lawsuit funding.
What is Qui Tam Litigation?
It is an abbreviated version of the Latin phrase – Qui Tam pro domino rege quam pro si ipso in hac parte sequitur, – which simply means – Who sues on behalf of the King, as well as for Himself.
How it Works:
These cases are filed on behalf of the government by private citizens for false claims or fraud. In this litigation a private individual citizen (the whistleblower) who knows of fraud committed against the government may, through his own privately retained attorneys, file a claim to recover the losses caused by the government fraud.
When the Qui Tam law was enacted:
Qui Tam laws have existed for hundreds of years, with basic roots in England in the middle ages. In our country, United States the Continental Congress in the early days of Brand Levitra government enacted a number of qui tam provisions. It is a statute under the False Claims Act (31 U.S.C. 3729 et seq.), buying propecia online which allows for a private individual, or whistleblower with knowledge of past or present fraud on the federal government to bring suit on behalf of the government.
This law was revitalized by Congress in 1986, with a significant expansion of the scope of the law.
Benjamin Franklin has been quoted as saying: There is no kind of dishonesty into which otherwise good people more easily and frequently fall than that of defrauding the government.
President Abraham Lincoln, himself a lawyer in private practice before becoming president, was responsible for enactment of the 1863 False Claims Act, which was necessary to protect the government from the fraudulent suppliers of faulty war equipment during the Civil War.
Popular Areas for Qui Tam Litigation:
In the 1980s, most Qui Tam cases involved defrauding the defense industry. But today most of these litigations are the fraud involving Medicare, Medicaid, employment law, environmental law, defense contracting, and health care fraud and billing practices.
Qui Tam case generally takes years to settle or litigate. It may cause the plaintiffs to get into financial problems. Today, millions of Americans are having difficulty paying their debts. Most of those in financial distress are middle income families with jobs who want to pay off what they owe.
But if you are a plaintiff involved in a Qui Tam case, you have a risk-free solution.
What is the Solution?
Good news is that there is an affordable solution. If you have potentially winnable Qui Tam claim, than you can qualify for a lawsuit loan or lawsuit funding. But very few litigation funding companies provide lawsuit loans for these types of cases. Because these cases are very complex and are mostly of high potential value. These require Tadacip a thorough and turn key underwriting system in place. But a reputed litigation funding can provide you a lawsuit loan on your pending Qui Tam settlement in a timely manner.
Benefits and Advantages of Lawsuit Loan – Lawsuit Funding:
Lawsuit loan helps you to manage your financial problems regardless of your credit and employment status. To obtain lawsuit funding you do not need to have a good credit score and any employment. The process associated is extremely straightforward. Best part of lawsuit loan or lawsuit funding is that it is non-recourse. That means you pay it back only if you win or settle your case.
Pearl of Wisdom:
A lawsuit loan or lawsuit funding in a timely manner can help you take care of your mortgage or rent payments, car payments, utility bills and regular monthly bills. Qui Tam lawsuit loan or lawsuit funding will not only help you to save your house, car and your credit score but it will also give you and your family, peace of mind.
Author Bio: Paul Sherman, The Lawsuit Money Man, is a Legal Funding Consultant. Do you think a Lawsuit Loan is right for you? You may learn more and apply online for Lawsuit Funding at our websitehttp://www.EasyLawsuitFunding.com
Category: Legal
Keywords: Lawsuit, Loan, Loans, Funding, Settlement, Cash, Advance, Litigation, Whistleblower, Qui Tam, Legal