Settlement Loans Provide Financial Relief While Waiting For Settlement of Your Lawsuit

When you are involved in a personal injury lawsuit, it can often take weeks and even months to reach settlement.  When you have bills that need to be paid, the wait can seem forever.  Settlement loans allow you to get the money you need right now to pay household bills, medical costs and other expenses.  When you cannot work and unpaid bills are adding more stress to your life, litigation financing is often a good solution.

Unlike conventional loans where you must guarantee the lender that the loan will be repaid through collateral, settlement loans are based solely on the details of your lawsuit.  There are no credit checks, and when approved you get your money immediately.  Litigation funding companies review your application the same day it is submitted, so that you can have financial relief within 24 hours.

Where does this money come from?  Settlement loans are offered against the money you expect to win in your lawsuit.  You only repay the money when you win, so there are no monthly payments to worry about.  If for some reason you lose your lawsuit, you owe nothing.  Litigation financing is a good way to ensure that you get all of the money you are entitled to so that you don’t end up being paid only a portion of what you deserve by insurance companies.

Settlement loans help you cover all of your expenses including day-to-day expenses that add up while you are waiting for your lawsuit to settle.  If you are unable to work, your income is reduced which means that paying the bills can be tough.  Now you have medical expenses accruing as well; litigation funding offers financial relief and even helps many people avoid bankruptcy.

The process is quick and simple.  The litigation funding company will fax your attorney a simple application to complete, which will then be faxed back to the settlement funding company.  Your application will be reviewed right away, so that you don’t have to wait for days to learn if you qualify.  The amount of settlement loans vary depending on how much you expect to win, typically between $500 and $250,000 or more.

If you are involved in a lawsuit and find yourself facing financial difficulty, don’t settle with insurance companies for less than you deserve.  Call us to learn more about settlement funding, or go online for the details.  Litigation financing helps you financially so that you can live comfortably and place your focus on winning your lawsuit.