Are you a plaintiff in a lawsuit who’s struggling to make ends meet while you wait for your case to settle?
Unfortunately lawsuits can sometimes take years to settle, putting plaintiffs in a financial bind. The stress of trying to pay bills and take care of your family can cause you to press your attorney for an early settlement, which will be below case value, so that you can receive your money sooner than later. In fact, it is often a strategic move by insurance companies and opposing counsel to drag a case out in hopes that you will settle for less.
Maybe you’ve already won your case but you still haven’t received your settlement check? Just because the case has been settled doesn’t necessarily mean you will receive your check right away (sometimes this can take another year), but the bills still keep coming. Advance lawsuit funding provides you with the option of receiving a non-recourse advance (you don’t pay the loan back if you don’t win) against your settlement. It’s comparable to a payday loan where you take out a cash advance against your next paycheck.
You can receive an advance on lawsuit funds if your case is pending in court*, or if you have already won your case and are waiting to receive payment. While the cost of lawsuit funding can be a bit high and it should be used as a last resort, if you’re not able to make ends meet any other way this alternative can help you stay afloat during the litigation process.
So how can you use your advance lawsuit funding? Any way you like. It’s your money; we don’t dictate where it goes. You can pay your mortgage, utilities, car note, insurance, medical bills, whatever you need to pay. Whether you need car accident lawsuit funding, funding during a burn case, workers compensation, wrongful death, medical malpractice or other type of personal injury lawsuit funding, call us and find out how we can help.
Don’t let someone talk you into taking less than you deserve, contact us today. There are no credit or employment requirements to qualify for an advance on lawsuit funds.
*Certain requirements must be met including being represented by an attorney on a contingency basis and an anticipated minimum settlement amount of $20,000.