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5 Things to Know About Lawsuit Funding in Texas
Description: Lawsuit funding in Texas provides financial assistance to individuals involved in lawsuits who may not have the resources to cover legal expenses. This funding helps plaintiffs pay for legal fees, medical bills, and daily living costs while their cases are pending. The process involves a non-recourse loan, meaning repayment is only required if the plaintiff wins the case. Texas law regulates lawsuit funding to ensure fairness and transparency. It’s essential to carefully review funding terms to avoid high interest rates and fees. Lawsuit funding can offer crucial support during prolonged legal battles.
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