How Can Lawsuit Funding Help Plaintiffs During the Litigation Process?
In a personal injury lawsuit, insurance companies know they have significant economic advantages over injured plaintiffs especially those that are unable to work or lost a loved one who was the sole breadwinner. Unfortunately, insurance companies, more often than not, use a plaintiff’s economic hardships to their own benefit. When this happens, the plaintiff may settle for an amount that may not be enough to cover even medical expenses.
If you have been injured, disabled, or lost a loved one due to the negligence of someone else, if the bills are piling up, and if your life has been interrupted in a way nearly impossible to recover from without significant financial help, lawsuit funding can often times bridge the gap until your case settles.
What are the benefits of lawsuit funding?
- Pay medical and/or funeral expenses, avoid eviction, make car payments, buy food, and pay other essential living expenses.
- There are no upfront fees or monthly payments.
- There are no credit checks.
- There is no employment verification.
- The client can receive enough money to cover critical expenses, but not enough to negatively impact recovery at settlement.
What are the risks of lawsuit funding?
There are no risks to the client; lawsuit funding is based solely on the merits of the case. The lawsuit funding company assumes all the risk “buying” more time for the client’s attorney to receive a larger cash settlement. Funds are only repaid if, and when, the client successful settles the case. If the suit is not successful for any reason, the client's obligation to repay the cash advance is completely waived.
Is the application process difficult and time-consuming?
Applying for lawsuit funding is quick and easy. Simply complete a one-page online application or call 1-866-LIT-FUND. We handle the rest. The only qualification to receive lawsuit funding is retaining an experienced attorney and having a lawsuit that has a fighting chance to win.
How long does it take to receive funds?
Once all the facts are reviewed, if the funding company deems the case has merit, a lawsuit cash advance will be wired into the client’s bank account within 24 – 48 hours.
Financially-strapped plaintiffs under financial duress do not have time to best consider their options in the legal process. With legal funding, these plaintiffs do not have to accept an early settlement offer simply because they can't afford to wait any longer. The bottom line – lawsuit funding helps solve a plaintiff’s financial problems allowing them to wait for full case value.
Always consult your attorney before deciding if lawsuit funding is the right choice for your case.
About LawsuitFundingSettlement.com
LawsuitFundingSettlement.com provides personal injury lawsuit funding to those that need it, when they need it. Our experienced team funds cases across the United States with special expertise handling cases in the Gulf Coast region- including Texas, Louisiana, Mississippi, Alabama and Florida. Best of all, LawsuitFundingSettlement.com will never require the payment of funds borrowed if you lose your personal injury lawsuit case. Learn how you can receive personal injury lawsuit financing; visit www.lawsuitfundingsettlement.com.