If you have been plaintiff in a personal injury case, you may know how difficult it can be to pay the bills. If your ability to work is hindered by injuries, you may have found yourself unable to support your family. Did you know there is a service called pre-settlement funding that can help you in your financial time of need?
There are many instances of personal injury that happen every day. It could be the result of an auto accident, medical malpractice, slip and fall, dangerous or defective product. Seriously injured victims will file a lawsuit to seek justice as well as compensation to help pay for damages caused by negligence or a wrongful act. Unfortunately, a personal injury claim can take years to settle. For this reason, many plaintiffs avoid pursuing justice because they feel that they simply do not have the resources to fight against an insurance company.
Pre-settlement funding, a non-recourse cash advance provided to cash-strapped plaintiffs in a pending claim can help plaintiffs pay everyday necessities while their case works its way through the courts. For plaintiffs who are out of work due to their injuries, a lawsuit advance may be the only way to “buy” the time needed for a fair settlement offer.
Pre-settlement funding is based solely on the strength of a case, not on the credit strength of a plaintiff. When a plaintiff enters into a contract with a funding company, he/she promises to repay the advance from the proceeds of the settlement. If the plaintiff loses, the repayment is completely waived. Unlike a “loan”, there are no upfront fees or monthly payments, and the funding company does not evaluate an applicant’s credit worthiness or employment history.
Pre-settlement funding essentially frees plaintiffs from the financial worries that a lawsuit can cause, so he/she can fight the largely funded insurance company. If you are in need of fast cash during your pending lawsuit, contact Lawsuit Financial. With us, it is easy to apply online or by calling our office toll-free at 1-877-377-7848.