RD Legal Funding Offers Post-Settlement Financing on Wrongful Conviction Settlements

date: 10/19/2012

Cresskill, NJ: People who are wrongly convicted of a crime must sometimes wait years before the conviction is thrown out or overturned because of evidence and eyewitnesses, both new and discredited. While incarcerated, the wrongly convicted inmate loses time, opportunities, and relationships while acquiring a stigma.

Upon release from prison, the adjustment period can be difficult. Most wrongly convicted individuals sue the entities responsible for their imprisonment: usually the city, state, or federal government.  In most cases, the lawsuits end up settling, allowing the individual to move on with his life. For plaintiffs and attorneys representing the wrongfully convicted who have slow-paying settlements, RD Legal Funding, LLC (“RD Legal”) can provide post-settlement financing to help in their time of need.

Life in prison has been well-documented. Issues one may encounter while incarcerated include violence, separation from loved ones, and other trying matters. A person who is wrongly convicted must face these hardships even though they are innocent. This makes prison all the more unbearable.

There are organizations such as the Innocence Project that are dedicated to helping wrongly convicted individuals obtain justice. Through DNA exonerations, this group has helped thousands of prisoners get released from prison and overturn their convictions.
Most people sympathize with the hardship of wrongful imprisonment, but the economic and social drawbacks are sometimes forgotten. A person wrongly convicted has lost opportunities and relationships, which deserve compensation. In addition, the type of crime of which a person is wrongly convicted can have a devastating impact on their life. Crimes like murder, rape, or child molestation carry terrible social stigmas which may be impossible to overcome. Assuming the wrongfully convicted is released, he/she will likely have an extremely difficult time adjusting back into society. Sometimes suing the city or state for compensation may be the only way these individuals can start their lives over properly and get the justice they deserve.

RD Legal can provide wrongly convicted plaintiffs and their lawyers with interim post-settlement funding, which provides immediate capital on slow paying settlements. Legal funding does not require any kind of payments until the fee is paid; there are no monthly interest or principal payments, no upfront points or fees. Once the necessary documentation is received, RD Legal can wire funds within several days. For more information, call RD Legal toll-free at 1-800-565-5177, or fill out the brief form at the top of this page to begin the application process.

Lulaine Compere is a Deal Origination Analyst at RD Legal, a leader in the post-settlement lawsuit funding space.

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