Tuesday, September 16, 2014

When and Why to Apply For Pre-Settlement Funding

Once an innocent victim has decided to file a lawsuit, a plaintiff should consider applying for pre-settlement funding if he/she:

  • Is struggling to pay the bills.  This could result in a negative impact on one's credit standing.
  • Has little or no insurance.  Medical expenses alone may be enough to consider a less-than-favorable settlement.
  • Has no other means of financial support such as family and friends or built up savings.

Why not consider a bank loan?
Typically banks will not provide a loan against a pending lawsuit.  If they did, the bank would require:

  • A credit check.
  • Employment verification.
  • Monthly payments.
  • Repayment of the advance regardless of the outcome of the lawsuit.

Why consider pre-settlement lawsuit funding?
With an experienced litigation funding company, such as Lawsuit Financial

  • There are no upfront fees or monthly payments.
  • Poor credit does not matter.
  • Employment is irrelevant.
  • Repayment is only required if, and when, the plaintiff successfully settles the case.
  • If lawsuit is unsuccessful, the plaintiff is not responsible for repayment; the cash advance is completely waived.

If you are in need of pre-settlement funding to help with your finances as you fight for justice, it is important to find a lawsuit funding company with a solid reputation.  At Lawsuit Financial, we understand that many injured victims are unable to work for months, years, or permanently and may face constant financial pressures of accumulating bills.  Our experienced underwriters will examine and review your case once we receive your application and supporting case documentation.  With our quick turnaround time, you can start paying outstanding bills in as little as 24 hours.

For these reasons, and many more, Lawsuit Financial is the preferred litigation funding company by most attorneys nationwide.  To obtain more information or access your road to financial freedom, apply online or call our office toll free at 1-877-377-7848.  We look forward to assisting you with all your legal financial needs.

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