Every day, thousands of people are injured due to the negligence of someone else. A pending lawsuit can take months or even years to reach a settlement. Often times, the injured have medical expenses, lost wages, and find it hard to pay the monthly bills. The deep pocket defendants can buy time, but plaintiffs are not as lucky. Financial pressures have them considering accepting a low offer from the insurance company. Lawsuit funding can be the tool to give a plaintiff the financial staying power to wait for a higher settlement.
Lawsuit funding, commonly called “lawsuit loan“, is an emergency lawsuit cash advance that is designed to allow plaintiffs to get back on their feet financially, and carry them through until the case is resolved by a verdict or equitable settlement. Although plaintiffs have the right to use the cash advance any way they wish, it is typically used to pay important bills and expenses. With the important financial issues out of the way, plaintiffs have the time and money to let justice take its course, declining inadequate offers and waiting for a fair, proposed settlement.
The application process is easy – complete a one-page form and we do the rest. Case records, provided by the attorney, are received and reviewed to qualify you for case funding. If approved, a plaintiff’s financial stress can be reduced in as little as 24 hours. Because funding is based solely on the merits and potential outcome of the lawsuit, there is no need for credit checks or employment verification. Lawsuit funding is a non-recourse cash advance meaning the plaintiff only repays the cash advance if and when he/she wins his/her case. If the plaintiff loses their case, he/she keeps the advance with no further obligations to the funding company.
There is no reason for a plaintiff to settle for less than full case value. If you have been injured in an accident as the result of someone else’s negligence, you are pursuing a lawsuit with the assistance of an experienced personal injury attorney, and you need cash to pay your bills while your lawsuit is pending, lawsuit funding could make a real difference in the bottom line of your case. You owe it to yourself to check out the legal finance services provided by Lawsuit Financial.