If you find yourself in a position that you have overdrawn on your Chase bank account, or that your credit card has been maxed out, you may be in a position of being able to pursue a Chase lawsuit. It will be prudent for you to consult with your attorney who handles such circumstances, but in the event you have exhausted all other reasonable options to repay your debts, you may well qualify for a lawsuit loan from Chase. If you find yourself in a similar situation, this article will give you some tips on how you can pursue such a Chase lawsuit loan.
- 1 Chase Lawsuit Overdraft Fees
- 1.1 Second, you may wish to turn to a reputable lawsuit funding source.
Chase Lawsuit Overdraft Fees
A Chase lawsuit loan is secured by a lawsuit settlement. This is the money that is distributed by a lawsuit in the event that you lose a lawsuit. It is also commonly referred to as cash pay outs. There are various reasons as to why an account could be overdrawn. It could be due to an emergency expense, an illness in the family, or a layoff, to name a few.
If your account has reached its limits, or has become overdue, there are a number of steps you can take in order to remedy the situation. First and foremost, you should contact your credit card company. They may be willing to work with you. Many times, credit card companies are willing to negotiate with account holders who are in a difficult financial situation. It is imperative that you do not settle for less than what you deserve.
Second, you may wish to turn to a reputable lawsuit funding source.
This should include a company who specializes in working with people who have experienced financial hardship. Many times, lawsuit funding companies will advance monies to plaintiffs who have experienced dire straights. This may provide a source of life for you if you have experienced a hardship.
Chase overdraft fees can prove problematic, so it is essential that you are proactive in combating them. You should keep in mind that a Chase bank account typically only has ten days to cure an overdraft fee. If your account is more than ten days late, you will be charged an additional fifty dollars.
This means that a two-day late fee is possible.
A good lawsuit funding source will work to obtain an expedited settlement for you, as quickly as possible. In the event that an account is closed while you are trying to pursue a lawsuit against Chase, you should be able to obtain a refund from the bank in full.
As previously stated, these fees are due on a monthly basis. When this happens, it is vital that you do everything possible to repay the balance. Otherwise, it may be possible that you end up having to file a lawsuit in an attempt to recoup the balance owed. This can be very problematic, as there are limits to the type of action that can be pursued.
Lawsuit loans are designed to provide funding for individuals who are struggling to afford their legal bills.
By having an active lawsuit loan, you can get your lawsuit up and running. The amount of money available through Chase lawsuit overdraft fees is generally limited. Therefore, it is important to work with an experienced lawsuit funding company.
In addition to pursuing a lawsuit via Chase, some individuals use Chase for non-judicial accounts. Non-judicial accounts can include home equity loans and personal loans. If you have had a previous lawsuit against a bank, Chase might not be the ideal lender for your next loan. On the other hand, there are many non-judgment finance companies that provide lawsuit loans to individuals. If this is the case, you will need to have a prior judgment to qualify for a Chase loan. It is also important to realize that once you have obtained a lawsuit finance company’s approval to pursue a Chase loan, you will likely be required to submit all documentation related to your past lawsuit.
As previously stated, Chase charges high fees for its lawsuit overdraft fees.
However, it is worth noting that these fees are based on the credit limit you elect to maintain for your account. You should only submit an application if you can reasonably assume you will be unable to repay the original sum of money you chose to borrow. If you find that you cannot possibly meet this financial obligation, it may be more cost-effective to close your account in order to eliminate Chase lawsuit overdraft fees. However, you should note that closing your account should always be contingent upon the outcome of your lawsuit.
In the event that your lawsuit ends without the issuance of a judgment in your favor, the bank must allow you to keep your account open until the case is settled. As such, you may be required to make monthly payments based on your individual bank statement. This means that you may be forced to pay your Chase overdraft fees even while you await the outcome of your lawsuit. In addition, you should always be sure that you submit all documentation related to your account, including invoices, copies of checks, and copies of canceled checks.