|By PR Newswire||
|February 3, 2014 04:00 AM EST||
NEW ORLEANS, Feb. 3, 2014 /PRNewswire/ -- Legal-Bay LLC, The Lawsuit Settlement Funding Company, announced today that they have re-committed to funding up to US $10MM in B.P. Claim Settlement Funding for fiscal 2014. Legal-Bay had put a hold on B.P. Funding due to the constant questions about the landmark settlement and legal challenges by B.P. However, Legal-Bay believes the past causation issues that British Petroleum Inc. continues to appeal will not result in a complete voiding of the settlement. The company does expect the B.P. Settlement amounts to be highly scrutinized by the B.P. Claim Center and delayed well into 2014 and even 2015.
Chris Janish, CEO of Legal-Bay commented, "Although the B.P. litigation -- like many disaster type lawsuits -- has been extremely slow moving and frustrating for the plaintiffs, we remain committed to providing a life line to all the business affected by the B.P. Oil Spill. We have begun accepting applications of both lawsuit non-recourse cash advances up to $100K, as well as more traditional lawsuit loans collateralized by the B.P. Claim asset as of today, in amounts up to $500K. We are confident that we will be able assist many business owners in need of cash flow today, prior to receiving their B.P. settlement check." For more information on Legal-Bay's B.P. Claim Settlement Funding Cash Advance program, log on to: http://lawsuitssettlementfunding.com/bp-gulf-lawsuit-settlement-funding.php
Legal-Bay is providing approvals within 48 hours of receiving all case documents needed to evaluate your B.P. Claim and funding in all 5 states affected by the spill: Alabama, Florida, Louisiana, Mississippi, and Texas. Legal-Bay is also assisting law firms and CPA firms with attorney funding or law firm loans that have a case load of B.P. Clients or a B.P. Claim of their own, and need cash flow to continue to operate their practice. Legal-Bay's attorney loans and plaintiff cash advances do not require the same underwriting or credit checks as a bank; your case will solely be approved based on the viability of your B.P. Claim value.
If your business is in need of a business credit line, business lawsuit loan, or B.P. settlement funding, feel free to apply online at: http://lawsuitssettlementfunding.com or by calling Legal-Bay's toll free hotline at 877.571.0405 where live agents are always available to assist you.
Patty Kirby, COO/Head of Client Relations
Ph. 877.571.0405 Email: [email protected]
SOURCE Legal-Bay LLC
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