Clergy abuse lawsuits loans are becoming more prevalent in the 21st century. Today, due to largely-publicized accusations involving Catholic priests, this term has become almost synonymous with sexual abuse.
However, clergy abuse also can occur when an authority figure or person of power uses their position to force unfair work conditions on subordinates – often by engaging in a sexual relationship, but not always.
The term “clergy abuse” comes from the Latin word clericus, which means religious official or member of the clergy. The American Heritage Dictionary defines clergy abuse as “misconduct by a religious leader involving sexual relations with a person over whom he assumes the power of control.” In some states, the legal definition of clergy abuse is also used to refer to incidents that do not involve sex. For example, in some states, an incident of clergy abuse is defined as “abuse of authority” or “clergy malpractice.”
As per the findings of the Associated Press, recently more than 5,000 new sexual abuse cases have been reported against priests. And to settle the cases, the churches are paying heavy settlement amounts, and these amounts have now surpassed $4 billion.
Who can file a clergy abuse lawsuit and apply for pre-settlement funding?
Clergy abuse lawsuits are often filed by employees who say they were forced to work long hours for little pay at the hands of their employer. They also typically allege that the employer made sexual advances, which is what makes them so controversial.
Clergy abuse lawsuits are difficult to prove because they tend to be highly dependent on the words of the accuser and the accused, with little or no physical evidence. Anyone can file a clergy abuse lawsuit, whether they were one of the parties to the incident or not. Often, a lawsuit is filed on behalf of a victim who cannot file it themselves because they were a minor at the time of the abuse.
Those who are the victim of catholic priest sex abuse can apply for lawsuit funding, and prepare a strong case against the offender. ECO pre-settlement funding is the only provider of catholic priest sex abuse lawsuit loans, that are risk-free with a very low-interest rate.
What is a catholic priest abuse lawsuit loan?
The recent news about the sexual abuse scandal in the Catholic Church has many Americans wondering what they can do to help survivors.
One option that is available to victims, but often not considered is lawsuit financing — also known as legal funding. A lawsuit loan allows a victim to access money from a third party while their case is pending. In turn, the loan is paid back when the case ends.
Lawsuit loans are designed to help people who have become entangled in lengthy legal battles because of another party’s wrongdoing. A lawsuit loan may make sense for clergy sex abuse victims because it can enable them to access needed money while they litigate their case. Such funding offers several advantages over other types of financial assistance.
Lawsuit loans are the best option for litigation funding because you do not have to go through pretrial intervention or pre-trial diversion programs that divert money away from the victims. The loan is paid back by a portion of any monetary recovery that the client receives.
How does this clergy sexual abuse lawsuit work?
A victim of clergy sexual abuse has to make out his or her own claim to get money from this settlement with either the diocese or the religious order involved. All claims are submitted to a review panel where it is decided if they qualify for an award under the terms of the settlement. There is a schedule which details what that award will be concerning the suffering and damage caused by the abuse.
It used to be that if a victim filed for bankruptcy they would not have been able to file their claim, so most victims never even tried since there was no way they could get money from any legal action. In 2005 the bankruptcy laws changed and now victims of clergy sexual abuse can file a claim in bankruptcy, so they have a better chance at getting back some money for their pain and suffering.
How priest sex abuse lawsuit loans are helping the victims?
There is another way to help victims with the financial problem through a lawsuit cash advance from companies that specialize in lawsuit funding. With these types of loans, the victim can borrow money against their pending settlement to get help now. The amount of the advance is not like a bank loan or credit card where you can borrow up to your limit, but rather it’s an advance against future earnings that are due when the lawsuit is settled.
When you apply for this type of funding, we will want to know all about you and your lawsuit. If it looks like a good case then we will offer you a settlement loan up to the amount of the advance plus interest and fees for borrowing the money. The interest rate on these loans depends on the merit of the case, but if this is what it takes to get some help now, then that’s what it takes. It’s just like any other type of borrowing, but here you only pay us back, if you win the case.
Benefits of Clergy sex abuse pre-settlement loans
Clergy sex abuse victims can suffer from several serious financial problems as a result of their ordeals, including unemployment, underemployment, depleted savings and assets, bankruptcy, housing loss, and other unforeseen hardships. These obstacles make obtaining adequate legal representation difficult because many lawyers are reluctant to take on such complicated cases without the promise of some compensation.
A lawsuit loan helps to remove this obstacle by providing access to money for legal representation and other financial needs, such as medical bills or therapy. This allows victims to focus on the case instead of worrying about how they will pay for their basic living expenses during litigation.
The availability of funding allows the attorney to do a better job of representing his or her client.
The downside of not taking Catholic Church sexual abuse lawsuit loans
Now consider this: what would happen if you didn’t apply for a clergy abuse lawsuit loan and you couldn’t make the payments on your credit cards or other bills while waiting for a settlement?
The interest rates can be very high if not paid promptly. You could face legal action from creditors who want their money, plus penalties and fees that would add to what you owe. This is why it makes sense to borrow the amount you need for now while waiting for your settlement.
You can pay that high-interest rate on the amount borrowed, but it’s better than having to pay much more if you are sued by creditors.
What is the role of a catholic priest abuse settlement funding company?
A clergy abuse lawsuit funding company like us is in charge of finding and arranging sources to finance lawsuits by plaintiffs alleging sexual abuse. This includes both people that allege they were harmed and family members of victims who have since passed away. The source can be an individual or a company, such as a legal financing firm.
The amount borrowed for the case is repaid on the back end, usually through a provision of the settlement or court order.
The role that clergy abuse lawsuit funding lawyers play in these cases is somewhat controversial. Critics have accused them of “profiting off of other people’s pain,” saying they’re only interested in getting settlements and not truly seeking justice for their clients. These people worry that plaintiffs will be pushed into accepting settlements they wouldn’t normally agree to, or forced to take less than what they deserve.
The defense argues that this type of funding is necessary because many plaintiffs can’t afford all the costs associated with their cases themselves. The attorneys who practice this form of financing aren’t motivated by money; given that they will be repaid by their client through the settlement, there is no incentive to push for a lower value.
Can we get the loan only for sexual abuse lawsuits?
The lawsuit funding model isn’t limited to sexual abuse lawsuits. Plaintiffs in other types of cases can also seek this type of financing. For instance, if someone is injured in an accident and decides to take legal action against the party responsible, a lawsuit funding company can help secure the resources the client needs.
Since these cases can take time to go through court, a legal financing firm will only release the funds once it receives documentation affirming that a plaintiff’s case has been accepted. The goal is to make sure everything is in order and legitimate before releasing payment. By doing this, they are ensuring that the money they are giving out is not wasteful.
While this type of funding can be beneficial to people who need financial support during their cases, it’s important to remember it’s only a loan. The client will have to repay the lender after he or she receives compensation for his or her injuries. Only then will these costs be removed from the client’s financial responsibilities.
How to apply for catholic priest sexual abuse lawsuit loans
We are a pre-settlement funding company that offers cash advances. Further, we provide the best rates and terms. Don’t delay in applying, you might miss out on a great settlement offer if your take too much time to get the required amount right now.
To become eligible for clergy abuse pre-settlement funding, fulfill the below criteria:
- Applicant must have an ongoing case for catholic priest sexual abuse
- An attorney is working on your case and takes payment on a contingency basis.
- Provide us with your basic case details by filling the application form.
Seeking fast lawsuit loans is a much better solution than going into debt or filing for bankruptcy, and it can help with many types of cases for victims who want to pay their bills and live a normal life.
There are no restrictions on what you can do with the money, so use it wisely and avoid taking out more than one loan against your settlement since that might lower your odds of getting the full payout amount.