Tuesday, April 21, 2015

A Lawsuit Cash Advance Helps Pay the Bills



While settling a personal injury lawsuits is gratifying, often times it does not come without feeling financially hopeless. To provide some relief during a lengthy litigation process, lawsuit funding may help pay the bills and get back on your feet.

Personal injury cases can go on for months, sometimes years. Your lawyer may be involved in lengthy negotiations with the insurance company or pre-trial discovery; the insurance company may be denying or delaying claims. Whatever the delay, life still goes on and bills must be paid. If injuries left you unable to work, you may be falling deeper and deeper into debt. While friends and family may be able to help, they can only do so much. Applying for a bank loan is an option, but that requires collateral, credit checks, employment, and monthly payments.  Litigation funding companies require none of these because a lawsuit cash advance is provide solely on case merit. Additionally, the funding company is only repaid once the lawsuit settles. If you lose the case, a reputable company will not require repayment.

Applying for a personal injury lawsuit loan is a relatively simple process; finding the right funding company for you may be a little more difficult. First you will need to have retained an attorney.  Your attorney may be able to recommend a funding company, but you should always do your own research select a reputable company with a long history of lawsuit funding. Be certain that the company you choose has experience and a good reputation.
The cash advance you are able to receive depends on your case – the projected settlement and how much is necessary to meet your critical needs until the case settles. It is always recommended that you accept only what you absolutely need. While there are no restrictions on how to use a lawsuit cash advance, the most important benefits are to help make the mortgage or rent payments, auto payments, and medical bills as well as daily living expenses such as transportation costs, groceries, and utility bills

Don’t keep struggling to make ends meet.  At Lawsuit Financial, 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.

Mark Bello has thirty-seven years’ experience as a trial lawyer and over fifteen years as an underwriter and situational analyst in the lawsuit funding industry.  He is the CEO and General Counsel of Lawsuit Financial Corporation, a pro-justice lawsuit funding company providing necessities of life appropriation to plaintiffs in pending, personal injury litigation.

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