If you are looking to know how reliable Oasis Legal Finance is, then you just got to the right place. Based on various experiences with the company, this detailed review will be of much help to you, if you are presently thinking of getting a loan from them.
So here you go…
What is Oasis Legal Finance?
This is a company that claims to help people who have got lawsuits going get funding for their legal services and help the plaintiffs afford the best legal services to assist them get justice and settlement for their accidents and injuries. It was brought to existence back in 2002 and became part of the great American Legal Finance Association. It is located in Illinois, to be specific, in Chicago.
Who is it For?
The company is found to be best suited for people who are looking for financial assistance after getting involved in a lawsuit and need financial assistance as they wait for the final verdict. They get monetary funding to help cater for their daily needs and bills as they continue to wait for settlement from the court. But, based on other clients who’ve worked with the company, Oasis still gives funding to people with other needs, but those that are closely related to lawsuits and financial help for legal matters.
How Does it Work?
Ideally, Oasis Legal works pretty much the same as other funding companies with the exception of specializing only in legal matters.
The company works with the notion that, if you happen to be involved a lawsuit where you are claiming settlement for any injuries you might have gotten out of an accident, it means that your financial ability may be crippled as well due to the inability to work.
And this may pose a challenge on your side due to your situation. So Oasis steps in and helps you manage the bills as you wait for the settlement.
In a nutshell, here is how the funding process takes its course:
- You hand in your loan application request to the company and then give them time to communicate with your lawyer to see how eligible you are for the loan.
- After communicating, the lawyer should then give out some information like the report of the incident.
- After close evaluation of your case by Oasis’ legal team of financial experts, if you’re found worthy of getting the loan, the deposit process of the funds is going to start immediately.
- If you’re not worthy, based on the evaluation, the team will contact you and let you know what happened.
- A well detailed website with plenty of information about legal funding services.
- If you happen to loose your case, you’re not going to owe the company anything.
- Has gotten A+ rating from Better Business Bureau.
Final Verdict – should I sell my structured settlement to Oasis Legal Finance?
The company has been relatively helpful to people who want to sell their future payments.