Five Best Reasons to Get a Lawsuit Loan

If you have been involved in a personal injury lawsuit you are eligible to get a lawsuit loan as soon as your case if filed with an attorney. The first step is to find a reputable lawsuit loan company that has experience with these particular types of loans and can evaluate your case immediately.

Why Get a Lawsuit Loan

There are some great benefits to be received by plaintiffs from this non recourse lawsuit loan funding, including:

  1. With a Lawsuit Loans Pre Settlement Funding there are no broker fees.

Many other companies will charge you excessive broker fees for your money. At Lawsuit Loans Pre Settlement Funding we do not do this because we are a direct lender

  1. There is nothing to repay if you lose the case

A lawsuit cash advance is issued on a non recourse basis, so if you do not win, there is nothing to repay. This means that there is no risk to you, in the unfortunate circumstance that the case is not settled successfully. Lawsuit Loans Pre Settlement Funding bears all of the risk.

  1. Many different cases qualify, including:

    Car Accident Cases
    Pedestrian Accidents
    Slip and fall cases
    Construction Accident Falls

Lawsuit Loans Pre Settlement Funding for a free application.

  1. Meet you financial obligations immediately

With an immediate lawsuit loan you can meet your monthly expenses and make all of the repayments that you need without having to borrow from friends and family or go through the arduous process of applying for a bank loan.

  1. Zero payments to be made until your case is settled

There is nothing to be repays and no monthly installments on a lawsuit funding. Absolutely zero to pay until you have won your case. Thus all of the risk is borne by the lender and you don’t have to deal with the stress of trying to meet monthly repayments

  1. With a lawsuit loan you don’t have to settle for less

Many insurance companies will try to make you settle with a low ball offer and clients will accept simply because they find themselves in difficult financial circumstances and they need the money. You don’t need to settle for less. With a lawsuit loan from Lawsuit Loans Pre Settlement Funding you get the balance of power back and a fair settlement amount.

Find out more about how to apply for a lawsuit cash advance with Lawsuit Loans Pre Settlement Funding. Lawsuit Loans Pre Settlement Funding in a national leader in lawsuit funding with over 20 years of experience in personal injury law. We always offer the lowest rates and fast approval. Apply online for a lawsuit loan or call 1 800 319 3780

Lawsuit Loans Pre Settlement Funding is a nationwide lawsuit funding company that has a fast turnaround and over 20 years of industry experience.

Applying to a Lawsuit funding company can be done online in less than 2 minutes. Application is fast and you can find more facts about Lawsuit Loans options.
Find out more about lawsuit funding and how you can make a free application for an assessment of your case.

 

What is a Lawsuit Loan? Just how Loan on Your Lawsuit Can assist you Economically

What is a lawsuit loan? Lawsuit loans are extended to persons who have a pending lawsuit settlement, whether it’s a personal injury, product liability, medical malpractice suit. The type of case doesn’t really matter that much, as long as there is a significant chance you will win the case in the following months. What does matter is that in the meantime you are in need of some cash to “fill in the gaps,” like they speak “maybe it is for beginning a new business, school tuition, or even just daily living expenses. What you spend your lawsuit loan is really irrelevant to the loan provider, because when you get an advance using your lawsuit settlement, the cash is yours to decide what to do with.

Although most lawsuit loan companies are for between 10 and 20 percent of the expected final settlement amount, it’s really up to the lender how much they are willing to front you. Once you apply for lawsuit settlement funding, the process is mostly automatic: the lending agency will contact your lawyer to get the details of your case. Often this is the longest part of the process, as it can take a day or two to receive the relevant paperwork from your attorney. Once that is received, however, you should expect to hear back whether you have been extended a lawsuit loan within 24 hours. Should you be awarded the loan, the loan company will then place a lien against your future settlement amount for the amount of the loan?

Lawsuit loans are typically “non-recourse,” a fancy phrase which means that if you don’t succeed the suit, you don’t need to pay for the cash back. These types of loans are therefore only offered to those with a high likelihood of winning their case. However, more people win their civil cases than you might think. In the state of USA, for example, the plaintiff won 74% of all civil cases brought in 2005. That’s why a Pre Settlement Funding company can proceed with a fair amount of certainly that their money will get paid back. The reason is that lawsuit Loan Company recognizes that you are in a tough spot right now, they offer the cash advance at no risk to you. You can then spend the cash on whatever you need: food, rent, or even starting a new business.

wht loan

Many large conglomerate health and medical companies, for example, will utilize exactly this strategy when litigating personal injury or medical insurance lawsuits. By forcing the other party to keep waiting for his or her cash to get, the corporation slowly strangles another party to death because they have so much deeper pockets than most individuals. In today’s economy, there are few people who can afford to go 24 or 36 months without a paycheck because they are waiting out a lawsuit. By applying for and receiving a lawsuit loan, the “little guy” is likely to hang on adjacent to these massive companies and receive the proper settlement amount that is due him or her.