M.M.B. Financial to Offer Lawsuit Financing for Cash-Strapped Attorneys and Their Plaintiffs

Newark, DE, October 03, 2016 --(PR.com)-- M.M.B. Financial, a Delaware-based company, is offering assistance to attorneys and their clients to obtain litigation financing -- a source of funding that can prove to be a crucial lifeline of cash flow for hundreds of individuals awaiting court settlements.

Each year, thousands of personal injury, malpractice, negligence, or product liability cases are filed in dozens of court systems throughout the United States. In many of those cases, a plaintiff that is either too injured to work or forced to reduce work hours often faces a challenge: how to financially provide for themselves and their families in the face of sudden unemployment or temporary loss of wages. As their lawsuit progresses through a frustratingly sluggish legal system, these same individuals can all too soon find themselves submerged under a pile of debt and unpaid medical expenses.

The same sluggish system not only affects plaintiffs, however; attorneys that handle these types of cases on a contingency basis can often feel the cash flow crunch themselves in the months or even years before settlement. Litigation financing can also be a viable option for law firms that need to cover the costs of running their practice -- from paying expert witnesses to keeping the office lights on -- as they, too, await payment from ongoing cases.

Litigation financing, also known as lawsuit funding or pre-settlement funding, is a growing but still relatively unfamiliar alternative to obtaining necessary cash. "Many people who have been injured in some way, are unable to work, and have a legal case pending on the basis of that injury are struggling to pay their rent, buy groceries, or put gas in their cars," says Melane Bower of M.M.B. Financial. "They are unaware of the fact that there is a way to get all of a portion of the money coming to them in a lawsuit settlement now, rather than waiting for some indeterminate point in the future while they continue to struggle financially today. Litigation financing is based on the merit of a lawsuit rather than personal credit, so it's much easier and faster to apply for than traditional loans. People need to become more aware of this option to help them through what is typically a very challenging time in their lives."

Headquartered in Newark, Delaware with a satellite office in Philadelphia, Pennsylvania, M.M.B. Financial can obtain pre- and post-settlement funding for clients located in most states throughout the U.S. The company advises an attorney who wishes to apply for litigation financing, either for themselves or on behalf of a client, to visit the company Web site at http://www.mmb-financial.com or call 267-507-6246 to begin the application process. Individuals who are in need of funding can also contact the company in the same manner for a free consultation.