You might have been initially excited at the thought of obtaining a settlement agreement. However, when your settlement does not get you the money you need when you need it most, you may be looking into alternative options. Selling a settlement agreement may be in your best interests, depending on the circumstances of your case. …
I Won a Settlement – Now What?
You can win a settlement through an agreement with the defendant’s insurance company or a civil lawsuit. Different things come into play once you’ve won a settlement. Here are answers to some common questions about what to do after winning a settlement. In This ArticleShould You Accept the Settlement at the First Offer?What Kind of …
What Is a Structured Settlement?
If you are a plaintiff in a personal injury case, you may receive a settlement as a lump sum, or you may receive it in a series of payments over a certain period. This is known as a structured settlement. Most structured settlement cases involve people who sustained severe injuries or death in an accident. …
What Percentage of Your Settlement Can You Get in Pre-Settlement Funding?
When you’ve been injured because of someone else’s actions, you deserve repayment for your losses. Although a personal injury lawsuit can eventually provide compensation through a settlement or jury award, this is an often lengthy ordeal. In addition, while you wait for a resolution, your financial reserves are likely dwindling. To stay afloat during this …
Do Banks Do Pre-Settlement Loans?
Most people first think of their local bank or credit union when they need to borrow money. These are the institutions we typically count on for mortgages, car loans, or lines of credit. For these traditional loan products, a traditional lender makes sense. However, a settlement loan (also called legal funding or lawsuit financing) is …
How Many Pre-Settlement Loans Can I Get?
Personal injury lawsuits are often an effective way for a victim involved in an accident to receive compensation from the at-fault party. But a typical lawsuit can take months or years to conclude and even longer for the defendant to pay what they owe. If you’ve already received lawsuit financing (sometimes called a settlement loan), …
What Are Settlement Loans?
When people talk about securing money against an accident settlement, they frequently and mistakenly call it a loan. Settlement loans are often used synonymously with other names, including settlement financing, litigation funding, a lawsuit cash advance, and pre-settlement funding. However, the obligations and legal structure between pre-settlement financing agreements and settlement loans differ. One of …
Can You Apply For Pre-Settlement Legal Funding More Than Once?
Can you apply for pre-settlement funding more than once? If you’re running out of your first round of legal funding, you’re probably wondering this. Accidents are expensive, and it’s easy to misjudge how much money you’ll need after one.. The good news is that yes, you may be able to obtain another round of legal …
What Cases Qualify for Pre-Settlement Funding?
After an accident, you could lose sleep wondering how you’ll pay for everything. Medical bills, rent or mortgage payments, and daily expenses can pile up quickly, especially if your case doesn’t settle fast. And unfortunately, the justice system often moves slowly. Pre-settlement legal funding can take the stress out of your pending personal injury lawsuit …
What Is Pre-Settlement Legal Funding?
After an accident, the responsible party and their insurance company may draw out settlement negotiations in the hope that you settle for a lower amount. However, with pre-settlement funding, you can comfortably pursue your case to achieve the maximum compensation. When you obtain a pre-settlement legal cash advance, you can pay for current expenses, including …
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