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Lawsuit Funding – The Way Pre-Settlement Funding Can Help Pay Your Bills Following an Injury With over $200 billion in lawsuits estimated to be registered each year, and a court system and lawful process that can sometimes take months or years to repay, pre-settlement lawsuit cash advances are an option that can help you 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 usually can be accepted within 48-72 hours. Almost all instances where there is “general uncertainty” which may lead to a monetary reward to you (the plaintiff) qualify for “advance funding”. These include all kinds of personal injury, car accidents, slip and fall, medical malpractice, sexual discrimination and harassment, employees compensation (in most States), pharmaceutical cases, class actions, securities fraud and cases involving all insurance firms and many corporations. Lawsuit funding can supply you money within 48-72 hours following your application. The funding procedure is a zero risk proposal. The plaintiff doesn’t have to repay the loan before the case is settled. As it’s a “non-recourse loan”, if the case does not settle you don’t 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 process is really easy.
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1. Complete an online form with essential contact info for you and your lawyer and the amount you are trying to find. A financing representative will call immediately to get some more specific information about your case and start the official application procedure.
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2. With your approval they’ll ask official documentation on your case from your 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 lawyer, and the underwriters between the payment conditions of the money advance. Once executed, funds will be sent directly to you in 24-48 hours. Lawsuit cash advances supply a different service for each and every plaintiff. For Some it’s the capacity to stay patient until their situation achieves maximum Worth, for others it is a bridge for vital expenses just to keep their Monthly expenses, and for others it offers an opportunity to get Something now for a situation that could finally end up getting no compensation whatsoever. Whatever the usage may be, the ultimate choice lies with the Consumer, and in any industry that is a positive.