Wednesday, February 11, 2015

Who Needs Pre-Settlement Lawsuit Funding?



Why does a plaintiff involved in personal injury litigation need pre-settlement funding? Lawsuit cash advances, sometimes called "lawsuit loans," can help serious accident victims who might otherwise have trouble paying mortgage/rent payments, car payments, utility bills, or other living expenses while waiting for their personal injury lawsuit to resolve or a settlement to be reached. Even if the case successfully settles, sometimes the victims don't receive their money for months, even years. Why?  Unlike most people, insurance companies and deep-pocket defendants have all the time and money in the world to wait.

In the past, personal injury victims had no place to turn for immediate financial assistance. Banks and credit unions will not provide loans when an applicant only has potential lawsuit recovery as collateral. A plaintiff who is desperate for immediate cash is not a positive influence during settlement negotiations. Insurance companies know this and will deliberately delay the process hoping a financially-desperate plaintiff will settle too early and for too little.  Today, plaintiffs have another option.  They can level the legal playing field with pre-settlement lawsuit funding.

Lawsuit funding is a cash advance provided before a settlement is reached and paid out.  With cash in hand, plaintiffs are able to pursue their claims until a fair settlement is reached. The only requirements to be eligible are attorney representation and a strong case.  Worried about your credit score or how to make another monthly payment? Worry no more; we do not require a credit check or employment verification, and you pay nothing until your case settles.  Best of all, pre-settlement lawsuit funding is provided on a non-recourse basis meaning that if you lose your case, you owe us nothing!

If you and your family are faced with a huge financial burden during a pending claim, contact Lawsuit Financial.  We may be able to take on your financial burden so you can do not have to settle your case prematurely for less than you deserve.

To learn more about our lawsuit funding services or to apply, complete our online application or call our office at 1- 877-377-7848.

No comments:

Post a Comment