Lawsuit Funding can make a Difference for Plaintiffs under Financial Pressures

“Injury victims should never be forced to accept a less-than-fair settlement because of pressing financial needs. When my clients are faced with foreclosure or risking their credit, I recommend they consider lawsuit funding to stay financially afloat until I can achieve the compensation they deserve.  Lawsuit Financial has come through time and time again for my clients. They are easy to work with, respond quickly to my clients’ needs, and are completely trustworthy.” ~ J.F., Attorney at Law

It is nearly impossible to plan for a tragic incident, but there is a way for victims to stay financially afloat in the event that it does happen. One way is to accept an early settlement far less than full case value.  A better solution is applying for a non-recourse cash advance known as lawsuit funding.

There are two pre-qualifying factors when applying for lawsuit funding – attorney representation and a case with merit.  Any cash-strapped plaintiff meeting these qualifications, should apply.  There are no:

·         upfront fees

·         monthly payments

·         credit checks

·         employment verifications

·         risks to the plaintiff.

The funding company will evaluate a funding application by working with the plaintiff and their attorney to obtain all necessary information to determine case strength. After reviewing the documents, if funding is approved, a contract will be prepared for signatures.  Once the contract is executed, funds can be deposited directly into the plaintiff’s bank account or sent via overnight mail within 24- 48 hours. With cash in hand, plaintiffs can pay medical expenses, car payments, mortgage payments, and other necessities.  Nothing is owed until the case successfully settles.  Because funding is on a non-recourse basis, if the case is lost, the cash advance does not need to be repaid.

If you are in a personal injury lawsuit and it appears litigation will continue for an extended period of time, but money is running out, don’t become desperate and accept a settlement that is less than case value. Lawsuit funding has helped thousands of plaintiffs overcome financial pressures and it may be able to help you, too.