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Legal Funding Dictionary - Q |
Legal Phrase |
Legal Description |
| Quarter |
Every 3-month
interval. Lawsuit loan example: if a plaintiff receives
a lawsuit loan, the plaintiff will not have to pay principal
and interest quarterly on the lawsuit loan, but instead
the plaintiff will pay all interest and principal to the
lawsuit loan company when the lawsuit settles or otherwise
resolves. See lawsuit funding, lawsuit loan, yearly, lawsuit
cash advance and pre settlement funding. |
| Quarterly |
Occurring, appearing,
made, done, or acted upon every year or once a quarter.
Lawsuit loan example: if a plaintiff receives a lawsuit
loan, the plaintiff will not have to pay principal and interest
quarterly on the lawsuit loan, but instead the plaintiff
will pay all interest and principal to the lawsuit loan
company when the lawsuit settles or otherwise resolves.
See lawsuit funding, lawsuit loan, yearly, lawsuit cash
advance and pre settlement funding. |
| Question
of Fact |
Disputed factual
issue that is traditionally left for the jury to decide.
Lawsuit loan example: for a plaintiff to receive a lawsuit
loan, the plaintiff's attorney will have to explain to the
lawsuit loan company what issues in the case are a question
of fact for the jury to decide versus those issues that
are a question of law for the judge to decide. See lawsuit
loan, lawsuit cash advance, pre settlement funding, matter
and lawsuit funding. |
| Question
of Law |
Disputed legal
issue that is traditionally left for the judge to decide.
Lawsuit loan example: for a plaintiff to receive a lawsuit
loan, the plaintiff's attorney will have to explain to the
lawsuit loan company what issues in the case are a question
of fact for the jury to decide versus those issues that
are a question of law for the judge to decide. See lawsuit
loan, lawsuit cash advance, pre settlement funding, matter
and lawsuit funding. |
| Qui
Tam |
A lawsuit brought
by a private citizen (popularly called a "whistle blower")
against a person or company who is believed to have violated
the law in the performance of a contract with the government
or in violation of a government regulation, when there is
a statute which provides for a penalty for such violations.
Qui tam suits are brought for "the government as well
as the plaintiff". In a qui tam action the plaintiff (the
person bringing the suit) will be entitled to a percentage
of the recovery of the penalty (which may include large
amounts for breach of contract) as a reward for exposing
the wrongdoing and recovering funds for the government.
Sometimes the federal or state government will intervene
and become a party to the suit in order to guarantee success
and be part of any negotiations and conduct of the case.
This type of action is generally based on significant violations
which involve fraudulent or criminal acts, and not technical
violations and/or errors.
Lawsuit loan example: because a plaintiff of a qui
tam lawsuit is suing the defendant for defrauding the state,
it is often referred to as a "whistle blower" case. See
lawsuit loan, lawsuit cash advance, pre settlement funding,
qui tam lawsuit and lawsuit funding. |
| Qui
Tam Lawsuit |
A lawsuit brought
by a private citizen (popularly called a "whistle blower")
against a person or company who is believed to have violated
the law in the performance of a contract with the government
or in violation of a government regulation, when there is
a statute which provides for a penalty for such violations.
Qui tam suits are brought for "the government as well
as the plaintiff". In a qui tam action the plaintiff (the
person bringing the suit) will be entitled to a percentage
of the recovery of the penalty (which may include large
amounts for breach of contract) as a reward for exposing
the wrongdoing and recovering funds for the government.
Sometimes the federal or state government will intervene
and become a party to the suit in order to guarantee success
and be part of any negotiations and conduct of the case.
This type of action is generally based on significant violations
which involve fraudulent or criminal acts, and not technical
violations and/or errors. Lawsuit loan example: because
a plaintiff of a qui tam lawsuit is suing the defendant
for defrauding the state, it is often referred to as a "whistle
blower" case. See lawsuit loan, lawsuit cash advance, pre
settlement funding, qui tam and lawsuit funding. |
| Qui
Tam Lawsuit Cash Advance |
Lawsuit cash
advance to a plaintiff for a qui tam lawsuit. See lawsuit
loan, lawsuit cash advance, lawsuit funding, qui tam lawsuit
and pre settlement funding. |
| Qui
Tam Lawsuit Funding |
Lawsuit funding
to a plaintiff for a qui tam lawsuit. See lawsuit loan,
lawsuit cash advance, qui tam lawsuit, lawsuit funding and
pre settlement funding. |
| Qui
Tam Lawsuit Loan |
Lawsuit loan
to a plaintiff for a qui tam lawsuit. See lawsuit loan,
qui tam lawsuit, lawsuit cash advance, lawsuit funding and
pre settlement funding. |
| Qui
Tam Pre Settlement Funding |
Pre settlement
funding to a plaintiff for a qui tam lawsuit. See qui tam
lawsuit, lawsuit loan, lawsuit cash advance, lawsuit funding
and pre settlement funding. |
| Quickcash,
Inc. |
Company that
provides lawsuit funding (also known as pre settlement funding)
or acts as a broker to companies that provide lawsuit funding
for plaintiffs through a lawsuit loan or lawsuit cash advance.
Before selecting a lawsuit funding company, it is important
to verify that the company makes the lawsuit funding itself
and is not a broker who will charge you a brokerage fee
from the cash of the funding. When selecting a lawsuit funding
company, you should also make sure the pre settlement funding
company publishes its pricing in a public place and that
they inform you of any upfront fees. You should compare
pre settlement funding companies by the amount of cash you
will receive compared to the amount of cash you will owe
at a particular point in time, as well as the annual percentage
fee or annual percentage rate of the lawsuit funding. You
should never select a lawsuit loan company based solely
on a monthly rate because the rate does not include the
cost of upfront fees. See pre settlement funding, lawsuit
funding, lawsuit loan, broker, Fredcoutts, Fred Coutts and
lawsuit cash advance. |
| Quid
Pro Quo |
In some legal
contexts, synonymous with consideration. Sometimes quid
pro quo is referred to as the quid and always indicating
that which a person receives or is promised in return for
something he/she promises, gives or does. Lawsuit loan example:
the quid pro quo for a plaintiff receiving cash upfront
is that the plaintiff sells an interest in a portion of
the future cash proceeds of the lawsuit. See consideration,
lawsuit loan, lawsuit cash advance, lawsuit funding and
pre settlement funding. |
| Quiet
Enjoyment |
The right of
unimpaired use and enjoyment of real or personal property.
Lawsuit loan example: if a plaintiff wants to receive a
lawsuit loan for a loss of quiet enjoyment lawsuit, the
plaintiff's attorney must show the lawsuit loan company
that the defendant would not allow the plaintiff to use
or benefit from the use of property and the plaintiff suffered
significant damages because of the defendant's actions.
See lawsuit loan, lawsuit cash advance, enjoyment, lawsuit
funding and pre settlement funding. |
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