An auto accident left a professional mover out of work for months due to serious neck and back injuries. He filed a lawsuit against the negligent driver who crossed the median, slamming into his moving van, but the case took months to settle. This plaintiff would have been an ideal candidate for lawsuit funding.
Many auto accident plaintiffs face a lengthy litigation process. During those months or years, they are often in need of money to pay medical expenses, mortgage payments, tuition, and regular household expenses. In such case, there may only be two choices – settle for less than full case value or opt for a lawsuit cash advance.
Lawsuit funding does not mean another monthly payments. It does not mean years of paying back a “loan,” over a fixed period of time regardless of the borrower’s circumstances. It is, however, a risk-free cash advance against the expected proceeds of the settlement. Once the plaintiff reaches a settlement, repayment of the advance plus interest comes directly from the proceeds of the settlement. Should the plaintiff lose the case, the cash advance is completely waived.
The application process takes five minutes. There is no need for a credit check or employment verification. Once the application is received, case documentation is requested from the plaintiff’s attorney. If the case is determined to have merit, a contract is drafted for signatures and funds can be provided within 24 – 48 hours, via direct deposit or overnight mail. Obtaining a cash advance during a pending claim can’t get any easier. Click here to learn more or call our office at 1-877-377-7848.