Accidents happen almost every day. Nearly 200,000 automobile accidents in Camarillo, California result in injury every year. This means a million could be the number if unreported. Injuries acquired from these accidents range from slight physical to severe. They entail expenses.
Plaintiffs often find themselves struggling to finance the litigation. Moreover, they have to pay for hospital bills and medicines. True enough, the financial burden of physical injury cases can be overwhelming.
This is where legal funding enters the picture.
Applying for a lawsuit loan can help you get immediate funds before your case settles. Call us today at (866) 407-6404 to get settlement funding in Camarillo, California.
Legal Funding: What It Is
Lawsuit funding is the answer to financial concerns because of a lawsuit. A settlement loan is a cash advance to party litigants. A third party, a legal funding company, offers to shoulder litigation expenses while it is ongoing. With this, the litigant can focus on other aspects of the case.
Are you facing a lawsuit? Is a personal injury case on your plate? If yes, you might want to look into lawsuit funding.
To apply for free, call (877) 735-0016
Benefits of Lawsuit Funding
Your time and attention should be on proving the truthfulness of your claims. However, legal battles could take months before the case settles. The trial could take a year due to postponements. Furthermore, you must pay your lawyers their appearance fees, among others. In addition, engaging the services of professionals as expert witnesses might be necessary. This all means you have to shell out a lot of cash.
A pre settlement loan is a non-recourse loan. Thus, presettlement funding firms can’t force you to pay out of pocket if you don’t win the case. With lawsuit loans in Camarillo, plaintiffs can face trial without worrying about finances. A lawsuit loan allows you access to cash to pay for hospital bills. Additionally, settlement funding also provides you with financing for immediate expenses such as medicines.
Cases Covered by Settlement Loans
A settlement loan can be applied to lawsuits involving the following:
- Personal injury
- Commercial Litigation
- Medical malpractice
- Sexual abuse
- Labor law
- Civil right litigation
Therefore, ensure you’re familiar with the plans and offers of the pre settlement funding company you are talking to.
How to Apply for a Lawsuit Loan
Applying for a lawsuit loan is fast and easy. Pre settlement funding companies only take a look at your case summary. This includes basic information such as injuries sustained, which state it happened, when it happened, and what type of personal injury case it is.
Thus, your lawyer must work with the lawsuit loan provider. They need to provide the necessary documents right away to fasten the process. Pre settlement funding firms also asses if the sued party can pay for the damages.
High Rise Financial has a three-step process for application – Apply, case evaluation, and approval. Once approved, you can get your money within 24 to 48 hours.
Complete a Free Application form now
Eligibility for Lawsuit Loans in Camarillo
The qualifications to become eligible for a settlement loan are not tricky. Presettlement funding companies do not have a black-and-white rule regarding who should avail of settlement loans. However, you must take note of the common factors that lawsuit loans companies consider in approving a settlement loan application.
Lawsuit loans companies do not offer legal advice. Thus, you must already have a lawyer. The consent of your hired attorney is also vital before you can avail of settlement loans.
A strong case will easily give your lawsuit loans application the stamp of approval from your pre settlement loans funding company. Thus, it’s essential to have a legal representative to help you prepare the case, gather the right documents, and others.
Capacity to pay for opposing party
As mentioned earlier, the funding company will also assess whether the defendant is capable of paying for the damages you are praying for.
Apply for a Settlement Loan Today!
Apply for a settlement loan today! Feel free to contact our customer service representatives. They are ready to guide you through your pre settlement loan application.