2.5.21 - Is Consumer Legal Funding a loan? Why does it matter?
'The classification of Consumer Legal Funding as a loan is more than mere semantics. Consumer Legal Funding is the purchase of an asset; that being a portion of the proceeds of the consumer’s legal claim. This form of investment allows the consumer to access much needed support in order to obtain the financial assistance they need while their claim is making its way through the system.'
Read the full article written by ASA client Eric Schuller in the Litigation Finance Journal here