"This client called me yesterday, and he was so depressed," Traub said. "And I told him, I can go get you a loan … but you do understand that basically I'm borrowing from loan sharks." He tells them all the story of one client who took out a $2,000 loan, and wound up owing $58,000. "It
Recently The Milestone Foundation was asked to fund a plaintiff who is a part of the ongoing lawsuits against 3M. These lawsuits concern the combat earplugs that soldiers and other members of the armed forces wore during the wars in Iraq and Afghanistan throughout the early 2000s. It was alleged that 3M failed to
Over the past few months, The Milestone Foundation has seen an uptick in requests for funding from plaintiffs involved in the Essure multidistrict litigation (MDL) and Roundup MDL. With funding of settlements being delayed overall because of COVID-19, many people – who should have received their settlement by now – have not received it yet,
As the only non-profit providing plaintiff funding in the country, we pride ourselves on being the antithesis of predatory for-profit lending companies. We know how stressful and taxing going through litigation can be after experiencing a trauma- so we make it our mission to fight for the plaintiff to get as much as they
We were able to do a lot of good in 2019. Last year was our third year providing financial assistance to those who have experienced a catastrophic accident. Our pre-settlement funding helped families with needs such as avoiding eviction, paying a heating bill, repairing a vehicle necessary for doctors appointments, and making home repairs when
What a year it has been. In 2019, our foundation provided advances to over 80 families to help them make ends meet while they pursued justice. Some of the people we helped were trying to escape homelessness. Others were struggling to keep the lights on or put food on the table. Each person’s unique
If you’ve heard about our foundation, you know that we are shaking up the norm in the plaintiff funding industry. Unlike the for-profit companies who charge exorbitant interest rates and make the cost of capital expensive for plaintiffs in need, the Bairs Foundation is a 501(c)(3) nonprofit that provides funding with low, simple interest. Our
We are grateful for our veterans’ service and sacrifice. And in our little corner of the civil justice space, our nonprofit is proud to serve them in our own way when they need help making ends meet during litigation.
Our foundation is pleased to share this year’s cofounders’ letter. We think that the protection and guidance that litigants receive during the course of their lawsuit speaks volumes about our Seventh Amendment and the Civil Justice system in general.
