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It is a common misconception that lawsuits can be filed and resolved quickly and easily. It might take a long time, Perhaps years, to settle a case. However, you still have to pay your mounting bills and other expenses. If you need money before a settlement is reached, pre-settlement legal finance may be an option. We have previously offered pre-settlement loans to customers in sums ranging from $100,000 up to $250,000. However, note that we need to first go over the details of your case to be able to give you an accurate amount.
In some cases, a lesser sum could be sufficient to meet expenses. We have helped customers by lending them as little as $500 when needed. Once we’ve delivered the funds, you can use them for anything you need, including paying your rent or mortgage, tuition, or medical expenditures. You are free to do what you want with the funds. Here are some things to keep in mind if you want to get the most out of your pre-settlement loan:
Know How Much You Can Get
Your pre-settlement loan amount will be determined by a number of criteria unique to your claim, including the strength of your case, the potential size of your award, and the length of time before settlement. The above information will calculate an appropriate amount of pre-settlement money. Loans given before a settlement are handled differently.
Furthermore, you will not be held personally responsible for paying back any of the money that you are granted. Hence, it’s a method of bringing money from the future into the present so that you may pay for immediate costs. If you are unsuccessful in your legal action owing to circumstances beyond your control, you will not be required to make any repayments to us.
Hire a Lawyer
We only work with customers who have hired lawyers to represent them. Your attorney will then draw a check for repayment from the funds you obtain due to your litigation. In addition to this, having an attorney on your side is just standard operating procedure.