The Only Plaintiff Funding Nonprofit in the Country
Samuel Dolce, Esq.
Connecting law firms and their clients to innovative and bespoke settlement administration
Every plaintiffs trial attorney has had the moment when a client is in a desperate situation and needs a cash advance on their settlement. There seemingly are so few good options that many attorneys simply tell their clients, “No, you can’t do that.” We saw this problem and sought a solution. Bairs Foundation is a nonprofit that directly supports litigants by offering low, simple interest advances.
Bairs Foundation works with litigants to try to give them as little money as possible. You heard that right. The purpose of the foundation is not to lend out as much money as possible and earn money off of extremely high interest rates. Instead, the foundation is designed to give a small amount for basic necessities (food, shelter, transportation) so the client can get to the settlement table with maximum leverage.
The majority of your client’s settlement should go to them. These are funds that are supposed to repair them to become whole. By giving the majority of settlement to a private company (through interest or hidden fees on an advance) is a disservice to the client. Bairs Foundation preserves your client’s recovery through a low, simple interest rate and without deceptive sales tactics.
Attorneys who have worked with the foundation see that their clients have an improved experience with the civil justice system. Many times, these advances help keep families in their homes, food on the table, and help with car repairs allowing clients to remain employed. Although some interest is charged, for many clients the timeliness of funds from a reputable lender will help keep them out of debt and allow them to fight for a larger settlement.
To apply is simple, you can just go to the Bairs Foundation website at www.bairsfoundation.org. If you are a trial attorney who wants to see this industry changed, please consider a direct donation. Each dollar given helps on average three litigants in the first year. As funds come in and out of the foundation, we are able to help more and more people. This snowball effect allows us to change the industry one successful advance at a time.