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Rory Donadio

Owner
 
Montclair Funding Company, LLC

United States

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Rory Donadio - Professional Summary:    

 

Rory Donadio is an experienced professional in the field of lawsuit settlement funding. Currently, Rory Donadio serves as the owner of Montclair Funding Group, LLC, a brokerage company he founded in 2005. Under Rory Donadio’s management, Montclair Funding Group focuses on providing a viable investor for individuals who have pre-settlement personal injury cases.

Prior to establishing his career at Montclair Funding Group, Rory Donadio joined a business partner to form Montclair Financial Group, LLC, in 1995. The firm initially focused on lawsuit settlements but eventually expanded to deliver structured settlements for pensions, lotteries, and other situations. Earlier in his career, Rory Donadio gained extensive experience working with structured settlements as a member of the brokerage firm Renaissance Funding, LLC. This company offered funding services for clients settling legal cases through the JUA/MTF structured settlement program.

Lawsuit settlement funding is a fast-paced and highly competitive business. Available in almost all common law jurisdictions in the United States, the settlement funding process involves providing litigants with a cash advance in order to continue with the litigation process. Litigation funding is constructed in the form of nonrecourse debt, which is distinct from a loan. In this regard, the litigant does not have to pay the lawsuit settlement funding firm if the case is unsuccessful. Instead, the litigant promises to pay the funding firm a percentage of a settlement or favorable judgment. Lawsuit settlement funding is most frequently used in personal injury cases. After more than 15 years in the lawsuit settlement funding business, Rory Donadio continues to excel. He holds a Bachelor of Arts in Business.

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