{"id":72782,"date":"2020-09-24T16:06:00","date_gmt":"2020-09-24T16:06:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2733344"},"modified":"2020-09-24T16:06:00","modified_gmt":"2020-09-24T16:06:00","slug":"legal-bay-pre-settlement-funding-company-sees-major-slowdown-in-personal-injury-lawsuits-due-to-coronavirus-pandemic","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/09\/24\/legal-bay-pre-settlement-funding-company-sees-major-slowdown-in-personal-injury-lawsuits-due-to-coronavirus-pandemic\/","title":{"rendered":"Legal-Bay Pre-Settlement Funding Company Sees Major Slowdown in Personal Injury Lawsuits Due to Coronavirus Pandemic"},"content":{"rendered":"<p><img decoding=\"async\" width=\"200\" height=\"125\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/4000-1-71.jpg\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear:both;max-width: 100%;\" link_thumbnail=\"\" \/><\/p>\n<p>Legal-Bay, the premier pre-settlement funding company, announced today that they are witnessing a downturn in the number of lawsuit filings for personal injury claims nationwide. Due to coronavirus lockdowns, people are not out-and-about, lending to fewer motor-vehicle accidents or slips-and-falls. Courts have also been closed, leading plaintiffs to explore personal injury settlement loans rather than wait indefinitely for their cases to settle via a near-stagnant legal process.<\/p>\n<p>Instead of settling for a lowball offer from insurance companies, plaintiffs and lawyers are turning toward personal injury lawsuit loans in order to withstand the even longer wait times of a backlogged court system. More plaintiffs than ever before are applying for personal injury funding. And because lawyers are settling fewer cases than usual, there&#8217;s been a rise in attorney funding applications as well. Legal-Bay expects to fulfill numerous personal injury loans in the coming months to both plaintiffs and attorneys alike.<\/p>\n<p><span class=\"xn-person\">Chris Janish<\/span>, CEO, commented, &#8220;Coronavirus has created a perfect storm for many personal injury law-firms. Less activity equals fewer car accidents or construction accidents, therefore, fewer lawsuits are being filed. Couple this with court closings in cities like&nbsp;<span class=\"xn-location\">New York<\/span>&nbsp;and&nbsp;<span class=\"xn-location\">Los Angeles<\/span>, and very little settlement cash flow is coming in for these firms. We&#8217;re seeing more funding applications from attorneys looking for working capital, as well as many plaintiffs needing a personal injury loan who thought their cases would&#8217;ve settled by now.&#8221;<\/p>\n<p>Legal-Bay&#8217;s pre-settlement funding programs are designed to provide immediate cash in advance of an anticipated monetary award. The non-recourse law suit &#8220;loans&#8221; &mdash;sometimes referred to as loans for lawsuit or loans on settlement&mdash;are risk-free, as the money doesn&#8217;t need to be repaid should the recipient lose their case. Therefore, the lawsuit loan isn&#8217;t really a loan, but rather a cash advance.<\/p>\n<p>To apply right now, please visit the company&#8217;s website&nbsp;or call toll-free at:&nbsp;<strong>877.571.0405<\/strong>&nbsp;where agents are standing by.<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable4082\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Source:<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Legal-Bay, LLC<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Contact:<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Chris Janish, CEO<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Email:&nbsp;&nbsp;info@Legal-Bay.com&nbsp;<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Ph.: 877.571.0405<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Website:&nbsp;www.Legal-Bay.com&nbsp;<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.Legal-Bay.com\" target=\"_blank\">http:\/\/www.Legal-Bay.com<\/a><br \/><b>Contact Information:<\/b><br \/>Chris Janish, CEO<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Chris Janish, CEO<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"125\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2020\/09\/4000-1-71.jpg\" alt=\"\">Legal-Bay, the premier pre-settlement funding company, announced today that they are witnessing a downturn in the number of lawsuit filings for personal injury claims nationwide. Due to coronavirus lockdowns, people are not out-and-about, lending to fewer motor-vehicle accidents or slips-and-falls. Courts have also been closed, leading plaintiffs to explore personal injury settlement loans rather than &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/09\/24\/legal-bay-pre-settlement-funding-company-sees-major-slowdown-in-personal-injury-lawsuits-due-to-coronavirus-pandemic\/\">Continue reading <span>Legal-Bay Pre-Settlement Funding Company Sees Major Slowdown in Personal Injury Lawsuits Due to Coronavirus Pandemic<\/span><\/a> <a href=\"http:\/\/ipsnews.net\/business\/2020\/09\/24\/legal-bay-pre-settlement-funding-company-sees-major-slowdown-in-personal-injury-lawsuits-due-to-coronavirus-pandemic\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-72782","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Legal-Bay Pre-Settlement Funding Company Sees Major Slowdown in Personal Injury Lawsuits Due to Coronavirus Pandemic - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/09\/24\/legal-bay-pre-settlement-funding-company-sees-major-slowdown-in-personal-injury-lawsuits-due-to-coronavirus-pandemic\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal-Bay Pre-Settlement Funding Company Sees Major Slowdown in Personal Injury Lawsuits Due to Coronavirus Pandemic - Business\" \/>\n<meta property=\"og:description\" content=\"Legal-Bay, the premier pre-settlement funding company, announced today that they are witnessing a downturn in the number of lawsuit filings for personal injury claims nationwide. Due to coronavirus lockdowns, people are not out-and-about, lending to fewer motor-vehicle accidents or slips-and-falls. 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