If you have suffered a personal injury, physically or emotionally, as a result of an auto accident you may wish to seek compensation for damages incurred. While a personal injury attorney will represent you on a contingency basis, your case may take several months – sometimes a year or more – to settle. In the meantime, you may struggle financially to pay basic living expenses, such as mortgage, car payments, utilities, and groceries, as well as expenses associated with the accident. When that happens, don’t be forced to settle for less than your case is worth because you don’t have the money to withstand the delay tactics of the defense. With pre-settlement lawsuit funding, you will be better able to withstand the lengthy legal process and ultimately receive a more favorable settlement.
Insurance companies have the time, power, and money that plaintiffs do not. They will “delay, deny, confuse and refuse” and use the lengthy process to their advantage to “starve” a needy plaintiff into a less-than-fair settlement. If an offer is made in a time a significant financial need (like when the plaintiff is behind on mortgage, car or health insurance payments), it is likely to be considered or accepted by the desperate plaintiff.
The core purpose of pre-settlement lawsuit funding should be to improve case results by removing the plaintiff’s financial incentive to settle too early, for too little. With a lawsuit cash advance, plaintiffs keep valuable assets safe, while giving their attorney time to achieve full case value. Although sometimes referred to as a “lawsuit loan“, lawsuit funding is NOT a loan, but rather a non-recourse cash advance. There are no upfront fees or monthly payments; repayment is made if and when the case is successfully settled. If the plaintiff loses the case, the funding is completely waived; the plaintiff owes the funding company absolutely nothing and keeps the advance. Other unique features of lawsuit funding is that there are no credit checks or proof of employment required.
If you have been seriously injured or lost a loved one due to the negligence of someone else, and put in a tough financial situation while waiting for your case to settle, consider pre-settlement lawsuit funding. It is easy to apply, online or by telephone. Your attorney provides only minimal case documentation which is reviewed by the funding company to determine the merit of the case and establish funding amount to be approved. Once approved, a contract is submitted for signature and cash can be available in as little as 24 hours.
To find out if your case qualifies for lawsuit funding call us toll-free at 877-377-7848 or complete our online application.