Need Money to Fight a Lawsuit? Litigation Finance India is Your Answer!
Have you ever heard of litigation finance or legal funding? In simple words, it means getting financial help to fight your legal case.
Many people in India cannot afford to go to court or hire good lawyers because of the high cost of legal services. Litigation finance India gives them the power to stand up for their rights without worrying about money.
What Is Litigation Finance?
Litigation finance is a system where a third party, like a legal funding company, helps you pay for your court case.
If you win your case and receive money or property, you then pay back the company from that amount. If you lose the case, you usually don’t have to pay anything back.
This makes it fair for people who have strong cases but cannot pay heavy legal fees upfront. It’s a simple way to get access to justice without financial pressure.
How Does Litigation Funding Work in India?
In India, Legal funding is completely legal. The concept has been around for a long time and is supported by Indian courts. The law allows people to receive funds to fight genuine cases, especially if the agreement is fair and transparent.
Here is how the process generally works:
- You Apply for Funding: You approach a legal finance company, like LawCrust, which offers litigation finance. You submit details about your case and your documents.
- Experts Review the Case: Experts check your case, analyse the chances of success, and review your financial needs.
- The Funding Gets Approved: If your case qualifies, the company agrees to fund your legal expenses. You can then move ahead with your case without delay.
- Legal Action Begins: Lawyers start working on your case. You don’t have to worry about paying fees during the entire court process.
- You Repay After Winning: Once you win and recover your money, you repay the financed amount as per the agreed terms. There are no EMIs, no monthly payments, and no hidden charges.
What Types of Cases Qualify for Legal Funding?
If your case has a recoverable value, it can qualify for legal funding. In India, many types of cases are eligible for litigation funding, such as:
- Property Disputes: When you need to recover property value or compensation.
- Corporate Receivables: Unpaid business invoices or bad debts from customers.
- Insurance Claim Rejections: Disputes over life or general insurance claims.
- Banking Issues: Fighting against frauds or payment delays.
- Consumer Disputes: Cases involving cheating by sellers or defective goods.
- Loan Recoveries: Getting back friendly or personal loans that were not repaid.
Why Litigation Finance Matters in India
Litigation finance helps make justice equal for everyone. It ensures that both rich and poor can fight for their rights.
Many honest people give up on their cases because they cannot afford a lawyer. With litigation funding, they get a fair chance to recover their money or property. It also helps businesses recover unpaid dues or bad debts without blocking their day-to-day capital. In short, it supports both individuals and companies in achieving justice.
Is Litigation Finance a Loan?
No, litigation finance is not a loan.
A loan has fixed monthly payments (EMIs) and interest rates that you must pay back no matter what. Litigation finance works differently you repay only after winning the case. If the case fails, you usually don’t have to pay back anything. That’s why it’s considered a risk-free way to fight for your rights.
Legal Status of Litigation Finance in India
Litigation funding is 100% legally valid in India. The old British laws about “maintenance and champerty” do not apply here. Courts have accepted this concept since the 1800s, so there is no restriction on getting your legal case financed by a private company.
Frequently Asked Questions (FAQs)
LawCrust – Making Justice Affordable for All
LawCrust is one of India’s leading litigation finance and legal consulting companies. They help individuals, businesses, and organisations fight their legal battles without worrying about the cost.
With a large network of 150+ partner lawyers and law firms across India, LawCrust provides full support from legal funding to case management. Their goal is simple: to make sure justice is available to everyone, regardless of their financial status. If you have money stuck in property, insurance, business, or any receivable, LawCrust can help you recover it through Litigation Finance.