Specifically, the Dodd-Frank Act authorizes the CFPB to carry out its mission by:

• Implementing and enforcing federal consumer financial laws;
• Reviewing business practices to ensure that financial services providers are following the law;
• Monitoring the marketplace and taking appropriate action to make sure markets work as transparently as they can for consumers; and
• Establishing a toll-free consumer hotline and website for complaints and questions about consumer financial products and services.

However, nothing in the Dodd-Frank Act references lawsuit funding, litigation funding or any of the other names by which litigation finance is known. To the contrary, the Dodd-Frank Act’s consumer protections are geared to credit products. Lawsuit funding, even when errantly called “lawsuit loans” is NOT a credit product. Instead of making a loan, a lawsuit funding company purchases an interest in a plaintiff’s claim against another party. Unlike traditional credit, where an interest rate is charged and payment obligations are generally absolute, litigation finance is a non-recourse sale. In other words, the funding company purchases a specified part of what the plaintiff has to sell, i.e., a potential future recovery. But if the plaintiff’s recovery is zero, the value of the lawsuit funding company’s interest is zero as well, and the plaintiff owes nothing.

There is a distinct lack of specific language about litigation funding in Dodd-Frank; however, the Act gives the CFPB residual authority to define “new” financial products and to apply its powers to protect consumers that use them. Herein lays the lack of clarity as to the relationship between the CFPB and lawsuit funding. To date, the CFPB has made no public statements or taken any other action concerning litigation finance. However, most customers of lawsuit finance companies fall within the definition of “consumer” and the fact that money is exchanged, even in the form of a sale rather than a loan, may be sufficient for the CFPB to define lawsuit funding as a “financial product.”
In other words, while the CFPB has not indicated any opinion on litigation finance, it has the power to do so at any time in the future. Rest assured, however, that any rulemaking by the CFPB must be “prospective,” i.e., can only apply in the future. Any lawsuit funding contracts entered into before the CFPB acts (Which may never occur!) will not be affected.

Since this is a low-risk, no-interest loan you can pretty much use the lump sum of money for any bill you need to pay off. We all know that medical bills can get quite expensive and get out of hand quickly. Just a few days stay in a hospital can send you back a couple thousand dollars back. But with the loan you can pay those bills off.

Or maybe you need help to pay off your car payments or insurance because you were in an accident? The bills aren’t going to go away. Or maybe you fall behind on your mortgage or rent because of an accident or a pending lawsuit. You don’t want to lose the roof over your head, so keep up with your payments by using a settlement loan from LightHouse Legal.

By applying for a settlement loan through us, you are getting LightHouse Legal best price guarantee. You get all the money you need without the hassle or the long delay, unlike the long, drawn out court process.

So stop worrying about making your monthly bills. Don’t lose your good credit, your car or even your home. Make sure you have to money when you need it thanks to a LightHouse Legal settlement loan.

Our quick and easy process can you get you a lump sum check in as little as 60 days! Our straightforward process can help nearly any case, including structured settlements which are often subject to a drawn out process and payments.

Structured settlement is a financial or insurance arrangement where a claimant accepts to resolve a personal injury tort claim or compromise of a statutory periodic payment obligation. These structured settlement cases have become more people due to server rulings by the IRS and an increase in personal injury awards. These ruling have changed polices such that if the requirements were fulfilled then claimants could have federal income tax waived. These payments are also called periodic payments and are never received in a lump sum.

So if you have a pending structured settlement but still have bills to pay then consider our lawsuit loan services to help settle those mounting bills. Instead of opening credit cards to pay bills or acquiring a loan that accumulates high interest, consider a lawsuit loan to get the lump sum of cash you need.

Our loans work great for not only pending lawsuits but also pending structured settlements. If you find yourself in this predicament and need cash now, we can help you! Stop worrying about your bills and money troubles and let us help you!

If your bills are quickly becoming overdue or delinquent then we can help you out. We’re available across the country (Lawsuit Funding Not Available in Colorado, Kansas, Maryland, or North Carolina) at all times of the day. The best thing is we can get you the money you need within 24 to 48 hours from the time of your request.

We can process your claim quickly through the phone or on our website. All you need to do is provide your name number and email. Then add the state you’re in, the lawsuit type and the requested amount of money you need. Finally, add your attorney’s name and the law firm’s number. Our staff will then process all the information about your lawsuit.

So with our speedy response we can offer you lawsuit funding from $500 to $500,000. With a lump sum of money now you can pay off your bills while you wait for the lengthy court process. So get all your needed lawsuit cash advances within two days of sending in a request to Lighthouse Financial.  This way you won’t have to worry about falling behind on your bills.

Traditional loans are always paid in full and are also tacked on with interests. A borrower receives a lump sum of money from a lender, such as a bank. The amount of money barrowed is considered the principal and the borrower is obligated to pay back the amount of the money at a later time. This payment is usually in installments that are paid through a set time. Interest is then added to the sum of the principal as a cost for barrowing the money. The amount that is settled to be paid back is bounded by a contract. If the payment is not paid in time then the lender has recourse to regain the losses from the barrower. This can be very dangerous to the barrower who cannot repay the sum of money back. Also, loans are dangerous because you’re paying back more than you barrowed through interest.

However with Lighthouse Legal lawsuit loans, you don’t have to pay back the sum of money unless you win. So we are paying forward your winnings, instead of preying on your needs. This is especially helpful for those who need money to pay for medical bills or other bills that are of a result of an accident that sparked the lawsuit in the first place.

So don’t be scared by the word ‘loan,’ instead take comfort knowing that we’re here to help you stay out of trouble during the time of a pending lawsuit.

The family of Mark Kerper filed the suit against driver John Bahl and the vehicle’s owner, Russell Bahl. Kerper died when his car was allegedly hit by a trailer that had become unhitched from the semi-tractor trailer pulling it.

According to the lawsuit, John Bahl is responsible for Kerper’s death because he was negligent while operating the vehicle and failed to make sure the connection between the two trailers was secure.

Both men do not deny they are liable for damages, but they claim the accusations of negligence are false. Unless a settlement is made, the case is reportedly expected to be heard by a trial jury within the next year.

The amount of damages was not included in the news report, but Kerper’s wife said, “It’s not about money for us. It won’t bring my husband back.”

The Associated Press reports that 19-year-old Vanessa Carrillo filed suit against Rocky Mountain EMS after the ambulance she was driving was hit by a wrong way driver near Santa Fe.

According to the news agency, Carrillo’s lawsuit also names the driver of the car, Kylene Holmes, and a passenger, Jennifer Belvin, as defendants. The suit contends that both women were under the influence of alcohol and marijuana at the time of the accident in December 2010. Holmes reportedly was killed in the crash, Belvin was injured.

The lawsuit claims the ambulance company was negligent in its upkeep of the airbags in the emergency response vehicle. Carrillo reportedly suffered serious injuries in the crash, including a number of broken bones, when the airbags did not deploy in the head-on wreck.

Carrillo is seeking payment for all damages and medical costs.

Newark, DE, October 17, 2011:  For many children, a trip to Disney World is a dream come true. For the children ofExceptional Care for Children, it a dream that they never thought could be achieved. See the children there depend on medical technology such as life support for daily survival. Because of this, they don’t get luxury of doing things other children take for granted, such as playing sports, riding their bikes in the park, or taking family trips to Disney World. They had to enjoy the magic of Disney through their movies and videos.

In May, The Frascella brothers, David and Larry paid a visit to Exceptional Care facility and saw how much joy Mickey Mouse brought to the children and “decided to bring the characters to life through the donation of an all-expense-paid trip for any child at Exceptional Care for Children who able to safely make the journey with their caregivers, including medical equipment and all of the special care and comfort measures required by these children.”

The Frascella’s who own Lighthouse Legal Finance, a lawsuit funding company, donated $100,000 for 9 or 22 children at the facility and a care team of 26 to make the trip. Unfortunately, the other children were not stable enough to make the trip.

Southwest Airlines provided round-trip airfare while Walt World Resorts Disney  worked hand in hand with the staff of Exceptional Care to “facilitate a seamless journey,” according to Annette V. Moore administrator at the home.

It was a dream for these children to go to go to Disney World, but it was the dream of a lot of hardworking individuals to make their dream a reality and as Walt Disney himself said, “If you can dream it, you can do it.”

The fact is injuries in accidents are not cheap, and negligence of a person or company can cost more than just money. Seeking legal recourse is the right way to get what you deserve, but most of the time you won’t be able to front the cost of the bills. If an injury was involved, certainly the medical bills will become overwhelming and may send you tumbling into debt. That’s why a lawsuit loan can help you get back on your feet while waiting for the legal proceedings.

But unlike other loans, such as a home or car loan, which can charge high interest rates, a lawsuit loan won’t charge interest. In fact, you only have to pay it back if you have won your case. So really this is not a loan at all, instead it’s a cash advance for a sum of money you plan on receiving after the case goes through the slow legal system.

Lawsuit funding can be very appealing since the legal system can be bogged down for various reasons. You may not get a settlement or a ruling until months or even years after you need the cash. So if you need money to pay bills extending from a lawsuit, then look no further than Lighthouse Legal. We can get the money you deserve right away and help your journey to justice!

A lawsuit is supposed to settle disagreements easily and quickly — at least that’s how television portrays it. On TV, you get a lawyer, go to court and collect your money. But it’s not quite as simple as it appears. Court, in actuality, is usually very stressful, especially as the legal process takes its time running its course. Even before you enter the courtroom, you have to go through the stress of finding a good lawyer, who works for a firm you can trust. Then if it’s an injury case, you may have the added stress of medical bills and loss of work.

Luckily, Lighthouse Legal can help with settlement funding and get you a lawsuit cash advance that will get your case rolling and your stress fading.

There’s enough stress about a lawsuit and the last thing you should worry about is how you’re going to pay your legal fees. With a lawsuit cash advance, you can rest assured that your lawsuit will be covered.

There’s one thing you shouldn’t worry about when it comes to a lawsuit, and that’s if you can afford it. We look forward to funding your needs until you receive the money you deserve. Choose Lighthouse Legal for a lawsuit cash advance, and you’ll never have to settle.