Lawsuit Funding – The Way Pre-Settlement Funding Can Help Pay Your Bills Following an Injury
With over $200 billion in suits estimated to be registered each year, and also a Court System and lawful procedure which could sometimes take weeks or years to repay, pre-settlement lawsuit cash advances are a choice that could enable you to pay your debts, pay medical expenses or make repairs which are not covered by your own insurance. Non-Recourse lawsuit loans do not require credit checks, employment verification or any kind of collateral and generally could be accepted within 48-72 hours.
Almost all cases where there is “general uncertainty” that can lead to a financial reward to you (the plaintiff) qualify for “advance funding”. These include all kinds of personal injury, automobile accidents, slip and fall, medical malpractice, sexual discrimination and harassment, employees compensation (in most States), pharmaceutical cases, class actions, securities fraud and instances involving all insurance firms and many corporations. Lawsuit Funding can provide you cash within 48-72 hours following your application.
The funding process is a zero risk proposition. The plaintiff doesn’t have to repay the loan before the case is settled. As it’s a “non-recourse loan”, if the situation does not settle you do not need to pay off the loan. Therefore, there aren’t any monthly payments to make and you do not need to provide a perfect credit report or income verification. The lawsuit cash advance does not require court or attorney approval and you’re able to ask as small as $1,000 and sums exceeding $100,000 based upon your own circumstance. The lawsuit funding procedure is pretty easy.
Services – Getting Started & Next Steps
1. Complete an online form with essential contact info for you and your lawyer and the quantity you’re trying to find. A financing representative will call immediately to find some more specific info regarding your case and start the official application procedure.
If You Think You Understand Loans, Then This Might Change Your Mind
2. With your approval they’ll ask official documentation on your situation from the lawyer to forward for their underwriters. Once received by the underwriters they’ll quickly determine your funding amount.
3. Contracts will be drawn up between you, your attorney, and the underwriters between the payment terms of the money advance. Once implemented, funds will be sent directly to you within 24-48 hours.
Lawsuit cash advances supply another service for each and each plaintiff. For Some it has the capacity to stay patient until their situation achieves maximum Worth, for others it is a bridge for critical expenses merely to keep their Monthly expenditures, and for others it offers a chance to get Something now for a situation that could finally wind up getting no reimbursement whatsoever. Whatever the usage may be, the ultimate choice lies with the Consumer, and in any industry that is a positive.