A Qui Tam case is a form of a whistleblower lawsuit that is presented under the False Claims Act (FCA). It allows a state or federal agency to recover funds lost due to fraudulent actions and the whistleblower receives part of the final recovery. However, large corporations and corporations can prolong negotiations and get the best lawyers to effectively delay legal processes for months or years.
Qui Tam lawsuit loans give you the financial muscle you need to pay your current invoices. This means you can pay your expenses here-and-now as you wait for the case to be settled or finalized in court. They come in very handy, especially considering the fact that your employer can choose to retaliate by demoting or firing you.
Is a Whistleblower Lawsuit Loan Safe?
Yes! In fact, a litigation loan is not an actual “loan” at all. It is considered a non-recourse loan, which means that you are not personally liable for the debt. What does this mean for you?
- The refund will never come from your personal finances.
- No credit checks or bank statements are required to get approved.
- If you finally lose the case and do not receive financial compensation, you do not owe the lender anything.
Silver Dollar Financial offers Qui Tam lawsuit loans with the best possible simple interest rates. There are no hidden fees and applying is completely free.
Determining the Amount of Qui Tam Lawsuit Loan You Need
The loan amount you get is different from what everyone else gets. At Silver Dollar Financial, we carefully craft loan terms to suit each client’s individual needs. Here are some issues that affect how much we can offer you:
- How long the case can last for
- The total amount you expect from the government’s payback
- How strong your evidence is
Once you have submitted your whistleblower litigation loan application, our team will investigate the claim details and contact your lawyer if necessary. After you have all the approved documents signed, you will receive your money within 24 hours. You have all the control; you can use the money the way you want!
What Is the Total Compensation a Whistleblower Can Receive?
In 2015, the federal government was able to recover at least $3.5 billion from businesses and companies in cases filed under the FCA. In 2016, this figure amounted to $4.7 billion. All this thanks to courageous whistleblowers!
According to the False Claims Act, after a successful Qui Tam lawsuit, the whistleblowers can receive up to 30 percent of the money the government recovers. This ratio, however, depends on a number of factors, such as the type of evidence the whistleblower has published and the role the whistleblower plays in prosecuting the case. Whistleblowers generally get between 17 percent and 20 percent of the recovered amount.
An important exception occurs when whistleblowers contribute to fraud. The amount awarded when this happens can be a very small percentage. In fact, if the whistleblower is convicted of a criminal offense in connection with fraud, they may get nothing.
Silver Dollar Financial lends a hand in such cases by offering at least $100,000 within 24 hours of application. The cash helps whistleblowers to concentrate on the case when other sources of funding could be inaccessible or insufficient.
Who Is Eligible to Be a Whistleblower in a Qui Tam Case?
Companies and individuals who deceive the federal government and steal money can be held liable under the US False Claims Act. Responsible parties include entities contracted or subcontracted by the government, state and local government agencies, public and private universities, civil servants, and members of the medical industry.
Whistleblowers are mostly incumbent or former employees of fraudulent companies. Here are examples of fraudulent activities that qualify for whistleblower lawsuits or Qui Tam actions:
- Receiving compensation for services that have never been provided or providing inappropriate price data
- Deceiving the government by offering a false claim
- Providing falsely certified defective products, such as munitions companies, to the government
- Avoiding government debt repayment
- Overcharging goods and services like Medicaid and Medicare
If you rely on an agreement or compensation to provide income or pay requirements such as medical expenses, using a litigation loan may give you more time to consider a proposal for an agreement. If you have to accept a lower settlement due to financial burden and now need cash, litigation financing from Silver Dollar Financial can help you cope with the difficult period. We provide a non-obligatory risk-free application to allow you to pay invoices and receive reasonable cash rewards.
Who Is Eligible to Receive a Qui Tam Lawsuit Loan?
Lending companies take a lot of risks, so they only give you a loan if you are certain that you will win or settle your case. If you lose, you do not have to repay the loan.
If it is less than the loan company’s expectations, there may be cases where you do not need to repay in full. So, the lender will be ready to finance you if they are certain that your case has the potential for handsome compensation.
Get the Best Whistleblower Lawsuit Loan Financier
If you are a whistleblower and expose how some entities may be defrauding the government, you may soon need a loan to cover the Qui Tam case proceedings. You need to be “careful” when choosing a financial company to help you with the funding you need.
We understand the dangers of your actions, as we frequently help whistleblowers who expose individuals and groups who commit fraud against the government. The following are some of the reasons most whistleblowers opt to get a Qui Tam lawsuit loan from us:
We ensure no under-the-table or shady deal. All steps in the process can be recognized because it is made transparent and simple in all open. The loan process is as simple as possible because we believe the affected person is already exposed to plenty of stress.
As a human being, you deserve someone who empathizes with your situation, is compassionate, and respectful. At Silver Dollar Financial, we prioritize and listen to your needs, guide you, and work with you as a member of our family.
c) A Drive to Empower
As a whistleblower for a Qui Tam case, you need control over your destiny. Our ultimate goal is to give you some degree of control over your situation and the ability to relieve the helplessness that often accompanies these claims. Having that freedom in your hands allows you to fight for a better reconciliation without worrying about the immediate need for cash.
Reach Out to Silver Dollar Financial and Apply for Free Today!
Silver Dollar Financial was created to help clients in difficult situations. The company is firmly defending its value to distinguish it from a bunch of predatory lending businesses. Contact us today to tell us about your whistleblower case and the amount of funding you need.