1888PressRelease – Golden Pear’s Jeff Cohen makes Litigation Financing an easy process for Accident Law Firms.
Litigation finance occurs in two main areas; in lawsuits involving commercial or business claims and in lawsuits involving individuals (personal plaintiffs). The good news is, litigation funding (or legal financing or settlement funding) is available in common lawsuit jurisdictions across America.
The funding for personal injury litigants is a unique and relatively new financial service. Golden Pear Funding is one of the top companies in America to advance funding to plaintiffs in personal injury lawsuits.
Litigation or lawsuit funding addresses the needs of litigants involved in personal injury lawsuits and those who have immediate need for money as they wait for their litigation to settle or go to trial. Basically, litigation funding connects the gap between the litigation client’s urgent need for cash to cover crucial living expenses and other special needs, and the time required for personal injury lawsuits to come to trial.
Well, according to Jeffrey Cohen, the founder and CEO of Golden Pear Funding, litigation funding for litigants of personal injury is an excellent and well-contemplated process. In addition to this, funding for personal injury plaintiffs has a few benefits for victims of personal injury cases that are worth looking at.
Personal injury lawsuit financing promotes access to American civil justice. This is to mean that funding of personal injury lawsuits helps victims succeed in the use of the civil justice system in America. It is unquestionably true that lawsuits are expensive and most people find it taxing to wait for the trial period.
Therefore, they rely on funding of personal injury lawsuits, which gives them immediate financial assistance. This funding enables plaintiffs to pay for their medical bills and basic living expenses especially those who have no insurance and have lost their jobs. Fact is, without the help and expertise that legal funding companies put on the table, plaintiffs would never secure a fair and just settlement.
Litigation finance for personal injury plaintiffs can also reduce delays associated with lawsuits and costs of litigation. Personal injury litigation financing also helps the victims secure justice. It involves the use of money to make the aftermath of legal proceedings involving physical harm and crime to others fair and just.
About Jeffrey Cohen
Jeffrey Cohen, Founder and CEO, has 8 years of experience in the same position at Golden Pear Funding, one of the top three national legal advance companies in the United States today. Mr. Cohen is also President of the Cohen Group, a private equity company managing a variety of investments and President of Operations for General Vision Services.
Jeff Cohen is the successor of the New York City’s famous Cohen’s Fashion Optical. Today, there are over 100 Cohen’s Fashion Optical stores in major mall and city locations throughout seven east coast states and Puerto Rico. Learn more at http://www.goldenpearfunding.com