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.
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