Pre-Settlement Funding Helps You Get Money Fast!

If you are the plaintiff in a personal injury lawsuit, you may not realize how long it may take for the insurance company to settle your claim.  Pre-settlement funding allows you to get the money you need for expenses fast, instead of waiting for months for your claim to settle.  Many people do not realize how long these types of cases can endure, but litigation funding companies help you keep afloat while focusing on your lawsuit.

Lawsuit loans allow those who have been injured to lessen the stress of unpaid bills so that they can fully pursue their lawsuit.  Many times injuries are serious enough that the plaintiff cannot work, so the income stops coming in.  Bills still have to be paid, medical expenses are due, and attorney fees need to be paid so that your lawyer has the funds to perform investigative work and other things in order to be victorious.

Litigation financing companies offer this money not as a loan, but as a cash advance against what you expect to win in your lawsuit.  Pre-settlement funding is also non-recourse, which means that should you not win for any reason, you owe no money.  You only repay the advance in the event that you do win your case.  No added monthly payments on top of your ever growing debt problem!

The process of obtaining a lawsuit loan is a simple one.  Your attorney can submit the necessary documents for  the litigation funding company to review.  This is quite quick, and usually takes only one day.  Upon approval, your money is available to you the very next day!  This means that you can live comfortably while waiting for your claim to settle at full value.

Is pre-settlement funding a hassle?  Absolutely not!  There are no credit checks, and even bankruptcy doesn’t disqualify you.  Since litigation financing is based mainly on the amount you expect to win, there are no hoops to jump through as there sometimes are with conventional loans.  The amount you can obtain can vary from a few hundred dollars to thousands.

Lawsuit loans are a good option for many litigants who find themselves facing financial trouble while trying to settle their claim.  Avoid the stress of unpaid debts, and focus on winning your case!  Speak with  your lawyer now to learn more about pre-settlement funding.