Best Advice About 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 a lawsuit can use the potential lawsuit 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 Qui Tam Lawsuit Works?
Qui Tam cases are lawsuits filed on behalf of the government by private citizens for false claims or fraud. In Qui Tam litigation a private individual citizen (the whistleblower) who knows of fraud committed against the government may, through his own privately retained attorneys, file a law suit 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 government enacted a number of qui tam provisions. Qui tam is a statute under the False Claims Act (31 U.S.C.
