Consumer legal funding definition

Consumer legal funding or “funding” means a non-recourse
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Consumer legal funding or "funding" means a nonrecourse
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Consumer legal funding or "funding" means a nonrecourse transaction in which a company purchases and a consumer transfers to the company an unvested, contingent future interest in the potential net proceeds of a settlement or judgment obtained from the consumer's legal claim; if no proceeds are obtained from the consumer's legal claim, the consumer is not required to repay the company the consumer legal funding amount or charges.
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Examples of Consumer legal funding in a sentence

  • Consumer legal funding entails a litigation funder making a non-recourse loan to the plaintiff.

  • Consumer legal funding provides a finacial lifeline when they have nowhere else to turn.

  • In 2017 we will pursue our strategy of restructuring operations, continuing to focus on strategic markets and businesses with the capacity for sustained growth and adequate profitability levels.

  • The contingent right to receive an amount of the potential proceeds of a legal claim is assignable by a consumer and that assignment is valid only for the purposes of entering into a non-recourse Consumer Legal funding transaction with a Consumer legal funding provider.

  • Charges include all administrative, origination,17 underwriting, or other fees, no matter how denominated;18 (3) "Consumer", a natural person who has a legal claim19 and resides or is domiciled in Missouri;20 (4) "Consumer legal funding company" or "company", a21 person or entity that enters into a consumer legal funding22 contract with a consumer.

  • But what I found is that these two worlds were not simply united under the feminist umbrella, not even under nuanced feminisms such as Islamic Feminism.

  • Consumer legal funding is a transaction in which a company purchases and a consumer sells to the company a contingent right to receive an amount of the potential proceeds of a settlement, judgment, award, or verdict obtained in the consumer’s legal claim for the consumers household needs.

  • Another ongoing threat to Maine’s small businesses is the shortage of workers.

  • Consumer legal funding allows the consumer to get fair compensation.

  • Caltrans established a Disabled Veteran Business Enterprise (DVBE) goal of 5 percent for this Non-Federal Aid Contract with an estimated cost of $5 million or less.


More Definitions of Consumer legal funding

Consumer legal funding means a transaction in which a
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Consumer legal funding means a non-recourse transaction,
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Consumer legal funding means a transaction in which a company makes a cash payment to a consumer who has a pending civil claim or action in exchange for the right to receive an amount out of the potential proceeds of a realized settlement or judgment the consumer may receive in the civil claim or action. If no proceeds in the civil claim or action are received, the consumer shall not pay the company.
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Consumer legal funding. (CLF) means a transaction in which a Consumer Legal Funding Company purchases and a consumer assigns the contingent right to receive an amount of the potential proceeds of a settlement, judgment, award or verdict obtained in the consumer‟s legal claim to the Consumer Legal Funding Company.
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Consumer legal funding or “funding” means a nonrecourse transaction in which
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Consumer legal funding or "funding" means a nonrecourse transaction in which a company purchases and a consumer transfers to the company an unvested, contingent future
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Related to Consumer legal funding

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • Consumer obligor means an obligor who is an individual and who incurred the obligation as part of a transaction entered into primarily for personal, family, or household purposes.

  • Consumer Protection Act means the Consumer Protection Act, No 68 of 2008;

  • Consumer debtor means a debtor in a consumer transaction.

  • Consumer-goods transaction means a consumer transaction in which:

  • Originating LEA An LEA who originally executes the DPA in its entirety with the Provider. Provider: For purposes of the DPA, the term “Provider” means provider of digital educational software or services, including cloud-based services, for the digital storage, management, and retrieval of Student Data. Within the DPA the term “Provider” includes the term “Third Party” and the term “Operator” as used in applicable state statutes. Student Generated Content: The term “student-generated content” means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • Consumer goods means goods that are used or bought for use primarily for personal, family, or household purposes.