Everyone knows that a lawsuit allows victims to seek compensation from the individual or corporation who wronged them. Unfortunately, the problem with our legal system is the amount of time it takes for a claim to resolve. It is not unusual to take months, even years for a case to settle and a plaintiff to receive compensation. During this time, many victims will face financial hardship due to medical expenses and loss of income. Once plaintiffs realize that they need financial help, the first thing that comes to mind is a traditional bank loan. The problem with a bank loan is the lengthy, complicated approval process; cash-strapped plaintiffs do not have time to wait. Additionally, banks usually will not fund against a lawsuit, require monthly payments (which is not good for someone already cash-strapped), and usually require good credit and employment. What most people don’t know is that there is financial assistance without the “red tape”; it’s called lawsuit funding.
Lawsuit funding is a non-recourse cash advance against the expected outcome of the case. This means that repayment of the cash advance is only repaid if, and when, our client wins the case or reaches an out-of-court settlement. There is no need for a credit check (your credit rating remains intact) or employment verification (if you are unable to work due to injuries, no worries), and no monthly payments (you don’t need more bills at a time like this).
Lawsuit Financial understands the financial emergency plaintiffs face so we offer a quick and easy application process; it less than five minutes to complete. Once we receive a funding application, one our representatives will consult with your attorney for case documentation to determine if you qualify for funding. The entire review and decision process can be completed as quickly as 24 – 48 hours. If approved, and you accept our funding, Lawsuit Financial will prepare a contract for signature. Then, we can direct deposit or overnight mail the funds to you. While you can use the cash anyway you wish, the money is typically meant to pay medical bills, mortgage payments, car payments, groceries, and other necessary bills.
If you are struggling to pay the bills while in a pending lawsuit, there is no reason to settle for less than full case value. Call Lawsuit Financial today and see how lawsuit funding can help you start rebuilding your life tomorrow.