When you’ve been injured in an accident, you need to keep your focus on your recovery, but that can be difficult to do when the bills are piling up. You may be out of work, trying to cover the cost of ongoing treatment, and wondering how you’ll ever move forward from this. Luckily, there is a solution that can help you stay financially afloat through this stressful time.
If you were involved in an accident that was not your fault, you may be counting the days until your settlement check arrives and wondering how you’ll make ends meet until then. Pre-settlement funding may be the solution to your financial problems. It’s like a lawsuit loan, but better because there’s no risk to you if you lose your case.
When you accept a traditional loan on a lawsuit, you run the risk that your case may not settle and you will have to pay the settlement loan back. Imagine getting a loan for $10,000, $25,000, or even $50,000 and then being told you are on the hook for that money after you fail to get a settlement? With our pre-settlement funding lawsuit loan alternative, this won’t happen to you.
When you apply for pre-settlement funding, we will work with your personal injury attorney to determine if your case qualifies. You and your lawyer will complete paperwork, and you could be approved in 24 to 48 hours. Once you’re approved, we’ll give you a cash amount that is based on your likely settlement. When your case is settled, you will pay us back that amount plus the interest rate we agree to ahead of time