1-844-772-8284
Working capital that allows for legal services needed to bring insolvency matters to a close.

Cash Flow for Insolvency Cases

Business bankruptcy proceedings often have complications and nuanced challenges that make litigation difficult. At times, bankruptcy lawyers want to take a case but don’t feel confident they’ll have the cash flow necessary to handle the significant expenses pending a resolution.
 
Insolvency law is highly specialized, and serving clients or creditors requires skills beyond bankruptcy litigation. Law firms serving clients in this practice area are encumbered with unique challenges, including clients with financial constraints. Pravati Capital is a natural fit for firms that handle insolvency matters because we provide working capital to bring insolvency matters to a successful conclusion.

The Other Side of Insolvency Cases: The People

At its core, insolvency law is not just about money and assets; it’s about people, those who are the backbone of the company and rely on its survival for their livelihood.

Attorneys who offer the specialized services required in insolvency litigation can create better case outcomes that bolster stability. Insolvency litigation funding provides the means for more significant investment in resources, which offers better client outcomes and a brighter, more secure future.

Strengthening Services Through Insolvency Litigation Funding

Insolvency lawyers often take cases on a contingency basis, investing in the recovery of assets or helping implement recovery strategies. This means time—and time is one of the most precious and costly commodities that lawyers have. That is one reason insolvency litigation funding is gaining popularity among attorneys. Through litigation funding, lawyers secure the capital they need to sustain their firms while fighting for their clients. 

*Court approval may be necessary before lawyers can receive funding for insolvency cases.

How does litigation funding work in insolvency cases?
It’s simple and fast:

Apply
underwriter
Approval
use funds
Repay advance
Apply for funding Funding is backed by one of the cases in your caseload.
Work with an underwriter Underwriters with extensive experience review your case to determine the likelihood of success.
Funding Approval If the case is deemed strong, funding is approved, and you receive payment.
Use the funds Litigation funding can be used for anything your firm needs, such as operating expenses.
Repay the advance Once the case is settled or won and the award is received, the funding advance and interest are paid back.

APPLY

Apply for funding

Funding is backed by one of the cases in your caseload.

UNDERWRITER

Work with an underwriter
Underwriters with extensive experience review your case to determine the likelihood of success.

APPROVAL

Funding Approval
If the case is deemed strong, funding is approved, and you receive payment.

USE FUNDS

Use the funds
Litigation funding can be used for anything your firm needs, such as operating expenses.

REPAY ADVANCE

Repay the advance
Once the case is settled or won and the award is received, the funding advance and interest are paid back.

How can we help?

A leading partner for growth capital to firms just like yours.
Contact Pravati Capital
© 2020 Pravati Capital. All rights Reserved.
DisclaimerPrivacy Policy
crossmenu