Instant Loans for Lawsuits of All Sorts
Lawsuits of any kind are expensive, whether it is a personal injury, wrongful death or product liability case. The attorney’s fees are just the beginning when it comes to legal costs, as you must also pay filing fees, court costs and other expenses incurred throughout the lawsuit.
Without lawsuit funding, it may be impossible to seek the compensation you deserve when someone has injured you or damaged your property.
Not only are there significant expenses involved in lawsuits, they can take years to resolve. This may lead you to consider taking a low settlement because you are concerned about paying the legal fees as the suit proceeds.
How would a lawsuit loan help me?
Legal funding can be challenging, a specialized lawsuit cash advance loan provides a way to keep your legal bills paid while still managing your everyday finances. A pre settlement loan allows you to finance litigation so that your case keeps its momentum.
It can help insure that your legal team will continue to work as hard as possible to get you the justice you deserve without concern that they may not receive payment for their work. Lawsuit loans help cover the cost of filing fees, service fees, depositions, expert witness fees and much more that can be incurred as your legal team fights for your rights.
Features of Our Loans
A good lawsuit advance loan provides you with peace of mind that the fees you incur during a legal suit will be covered. Some of the items that a pre-settlement loan will cover include:
- Billable Attorney Hours
- Court filing fees
- Service fees
- Expert Witness fees
Each loan is as unique as the lawsuit its funding. The loan amount is based on the recommendation of your attorney, so you know that the amount you borrow will be used specifically for your case and you should not expect any surprises once the case is over. If you win your case, your lawsuit loan and any fees owed to us are paid directly out of the proceeds of your settlement or judgment. If you do not win your case, you owe us nothing, so there is no risk to you.
Benefits of This Type of Loan
The primary benefit of a pre settlement lawsuit loan is that they provide the critical financing to ensure success in a case that we already believe will be successful. Other benefits include:
- You will not be tempted to settle low because you are concerned about the costs.
- You will have access to the funds within 48 hours of your approval.
- The money is available regardless of how long it takes your case to settle.
- If you lose the case, you do not have to repay the loan.
- It is a simple and easy process.
- Because a law suit cash advance loan is not considered debt, your credit rating is not affected.
Lawsuits can take many years to be resolved and no one wants to have their money tied up for such a lengthy period. Even if you feel you can pay the significant costs as you go through the process, tying up funds for years can place a tremendous burden on your family. Using proceeds from a settlement advance, however, allows you to use your hard-earned money for your everyday expenses and lets us worry about the costs of your lawsuit.
What Kind of Funding Does A Lawsuit Loan Provide
A special legal financing advance that allow litigants to finance the cost of their lawsuit through third-party funding. They are similar to a cash advance that will be used to pay the costs of the suit as it works through the court system. If the litigant loses at trial, the funding company receives nothing.
Therefore, qualification requires that the litigant have a case with sufficient merits. The funding is technically not a loan but is considered an asset purchase. Because the funding does not have to be repaid if the case is unsuccessful, there is no monthly fee or payments of any type until the case is settled or a judgment issued.
Lawsuit Loan – a specialized financial loan designed to provide the funds necessary to keep litigation moving through the court system.
Settlement Loan – another specialized funding tool that provides you with immediate capital when your case has been decided and a settlement reached. Iit can take months before compensation is issued, a settlement loan can help relieve financial pressure until you receive funding.
When Would I Need Lawsuit Funds?
Pre settlement legal financing is available for almost every type of case. Some examples of cases that could benefit from such a loan include:
- Breach of Contract – When someone does not fulfill their duties under a written or oral contract
- Class Action – A lawsuit filed by a group of people who are wronged in a similar way
- Intellectual Property – Infringement of copyright law
- Jones Act – Injuries to those working on boats, ships, barges or other vessels
- Premises Liability – Injuries due to problems with a premises, such as slip and fall injuries
In addition to these unique types of cases, legal loans are available for more common cases including personal injury, wrongful death, product liability and car accident injuries. They are also available for workers’ compensation and medical malpractice cases as well.
Legal Lending Resources
Facing a lawsuit is stressful enough and when financial matters make you feel as if you should simply settle for a lesser amount just to focus your finances on your everyday expenses, a loan can relieve the pressure and provide you with the funding you need to see your lawsuit to settlement.
It is important to understand the advantages and disadvantages of the process before entering into an agreement.
It is also important to understand the costs involved in taking out lawsuit loans. Although there are no monthly payments or fees, there are fees involved when the case is settled that must be paid when the loan is repaid.
There are those who also recommend liability insurance as opposed to litigation funding, but there are important differences that you must understand before choosing one over the other.
We’re ready to answer all your questions and provide you with the funding you need for your lawsuit. Contact us today by phone at 877-386-3379 today!
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