Guide For Employment Discrimination Lawsuit Funding And Lawsuit Loan.parts 1

Friday, 29 October 2010

 

by: Paul Sherman

No-Risk Lawsuit Settlement Loan for Workplace Litigation Plaintiffs
Employment discrimination lawsuit loan or lawsuit funding is a non-recourse cash advance provided to a plaintiff involved in an employment discrimination or workplace harassment lawsuit even before his/her lawsuit is settled or resolved.
What is an Employment Discrimination Lawsuit Settlement Loan?
Most of plaintiffs involved in employment discrimination or workplace harassment litigation or lawsuit do not realize that they can get lawsuit settlement loan or lawsuit funding before their case settles. It is a contingent transaction in which cash loan is advanced based solely on the merits of a pending employment discrimination lawsuit.
When the Lawsuit Settlement Loan is Paid Back?
Lawsuit loan is paid back only upon successful verdict or settlement of the lawsuit. If the employment discrimination or workplace harassment lawsuit plaintiff loses case, the cash advance is never paid back to the lawsuit loan funding company.
What is Employment Discrimination?
In our country U.S., employment discrimination occurs whenever an employer or its representatives adversely single out employees or applicants on the basis of age, race, gender, sexual orientation, disability, religion and a variety of other reasons.
According to the U.S. Equal Employment Opportunity Commission (EEOC), employers can not discriminate against you in any aspect of employment, such as:
Hiring and firing Compensation, assignment, or classification of employees Transfer, promotion, layoff, or recall Job advertisements Recruitment Testing Use of company facilities Training and apprenticeship programs Fringe benefits Pay, retirement plans, and disability leave
The EEOC reported that it received 82,792 job-bias charges from private-sector employment in fiscal year 2007, the highest number since 2002 and the largest annual increase (9%) since the early 1990s. The most notable increases were for race (12%), retaliation (18%), age (15%) and disability (14%) discrimination.

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