Many people consider pre-settlement funding as an option when filing a lawsuit, but are unsure of whether their case qualifies. Is your case eligible for consideration to get a lawsuit loan? Here are some answers to the questions you may have.
Pre-settlement funding is an option for many different situations. Whether you have been injured in an auto accident or because of the negligence of large corporations, there are many instances in which you may obtain a lawsuit loan. The amount that may be available to you vary from $500 to $250,000 and more, depending upon the severity of your injuries and facts of the case.
Wrongful death, nursing home abuse and neglect, dog bites, medical malpractice, workers compensation, and product liability are a few instances in which you may qualify for assistance. These are not actually loans, but more of a cash advance that will be repaid upon winning your settlement. In the event that you do not win, the money is not to be paid back to the litigation financing company. There are no out-of-pocket expenses to you, and no payments to be made to the litigation financing company until your case is settled.
In the case of a slip and fall or construction accident, you may also be eligible for pre-settlement funding. Frequently, large companies or corporations do construction or repair work on their premises. If the area is potentially dangerous and no warnings are posted, an injury can easily occur. This would be an example of injuries caused by negligence or carelessness on the part of the corporation. Situations like these may also qualify for a lawsuit loan.
The most frequent cause of personal injury is automobile accidents. Whether the person was driving under the influence, texting on a cell phone, or ran a stop sign does not matter. If they caused the accident because of negligence, you may suffer serious injury. Claims of this type are very common, and many plaintiffs apply for pre-settlement funding so that they won’t suffer financially while waiting for the case to settle.
Apply online or call toll free to learn more about lawsuit loans. Once the information about your case is submitted, it will usually be reviewed the same day. If the details of your situation entitle you to pre-settlement funding, you will normally receive your payment the next day! It can be a big relief when you want to avoid financial strain.