Chat with us, powered by LiveChat

Our Archive

Category: Pre Settlement Funding

Low Cost Pre Settlement Loans

TIPS ON HOW TO FIND THE LOWEST RATE PRE SETTLEMENT

Lowest Rate Pre Settlement Loans

Lowest Rate Pre Settlement Loan

LOAN NOW!

Sixteen million lawsuits are filed every year in the United States. If you’ve recently filed a lawsuit, you understand that it can take a while before you get the compensation you’re owed. When in need of cash to tide you over until you receive your settlement, a lowest rate pre-settlement loan is a great option.

Lawsuit funding companies regularly advertise lawsuit loans, but you shouldn’t jump to the first company you encounter. The lawsuit loans can be very costly make sure you understand the cost and decide if you really need one, then look for one with the best terms.

Are you finding it challenging to settle on a pre-settlement funding loan at a rate that works for you? Here are the top tips and strategies to help you find a low rate pre-settlement loan funding.

Learn How Lowest Rate Pre-settlement Funding Loans Work

The plaintiff in a pre-settlement loan can be part of a class-action lawsuit or may be involved in a personal injury suit (i.e., slips and fall, product liability, auto accident). Depending on the contract the plaintiff has with the funding company, the plaintiff should pay the loan once they receive the settlement.

Since the plaintiff has to pay back the loan, they will never incur any additional costs over the settlement awarded. Meanwhile you want to preserve your settlement money, Be careful as borrowers can sometimes pay up to 60% in interest rate per year. That’s why it’s essential to be aware of the terms and conditions of the contract the next time you decide to take a lawsuit loan.  However, you are assured of enjoying the pre-settlement loan benefits.

Consider the Interest Type

Some lenders use compound interest charged on the interest that builds over time, while others use simple interest (based on the principle of the loan). While both may be a viable option, it’s good to know the interest you’re going to be charged before agreeing to anything.

Most funding companies are unregulated and sometimes charge high rates for funding. That’s why you should be wary of unfavorable terms and high rates. Go for companies that charge simple, non-compounding rates. If you settle for a company that charges 3% monthly compounded with substantial fees (10%), it means that you’ll be paying aboiut 50% extra on what you were given in the first year.

If you settle on a company that offers a simple, semi-annual rate below 39%, it means that you’ll be paying less than 40% in the first year (Keep in mind origination costs are only paid for the first year). This may seem expensive, but still more than 90% or more contracts in the legal industry charge more than 40% per year.

When evaluating the interest rate for your pre-settlement loan, take note of hidden charges. If a company offers 20% with fewer fees and another at 22.2% with low fees, the slightly higher rate may be worth it. Any reputable company shouldn’t have hidden fees. Everything should be communicated during the initial inquiry and laid out in the contract.

Be Careful of Bad Deals

Be Careful of Bad Deals

Check for Any Red Flags

Did the company start this year, and you can’t find information about them online? Are they vague about their interest rates? Does the company advise you not to consult with your attorney? Take note of shady situations and red flags.

Understand that not all companies are the same, and regulations fluctuate by state — you should use your own judjment . Also, watch out for lawsuit lawn sharks. If the company you’re choosing refuses to answer questions when it comes to fees and interest rates, that’s a bad sign.

Once you’ve been given a contract, take a closer look at the fine print. After carefully examining the contract, you’ve got to know what rates and fees you’ll be charged. If you can’t do the math and confirm the payoff number with your attorney, don’t sign! Wait for Your Lowest Rate Pre Settlement Loan

Ask Tough Questions

If you’re to settle on a reputable company, you should be bold enough to ask tough questions. While you may be convinced by how quick and fast you can get that cash advancement, not all lawsuit companies are straightforward with their fees and rate. That’s why you should get a pre-settlement funding qupte in writing.before you do snything.

Some of the critical questions to ask include:

  • Is it simple or compound interest?
  • What interest rate do they charge?
  • Do you have to pay back the cash advance if you don’t receive a settlement?
  • Will you have to pay back the loan if it exceeds your settlement?
  • Did you find the lowest rate pre settlement loan?

Also, have your lawyer present when you ask the lawsuit loan company these questions.

Read Reviews Online

Reading different reviews online gives you a glimpse of how the lawsuit company operates and whether it’s legitimate or not. Take note of companies that have mostly negative reviews or all 5-star reviews. Draw the line before reading any reviews. If the reviewer complains of the lawsuit loan not providing a larger loan, this probably won’t be over the line for you.

Understand the Lawsuit Regulations in Your State

The regulation on lawsuits depends on the state you reside in. That’s why you should familiarize yourself with state laws and regulations. There are states where settlement loans aren’t considered as loans. This makes it easier for pre-settlement companies to skirt around usury and fair-lending laws.

With some states having almost no regulatory oversight, you should know what the lawsuit firms in your area can or cannot do. Speak to your attorney if you have any in-depth questions.

Direct vs. Broker Settlement

If you’re to get a pre-settlement loan, you should get it from a direct lender than through a broker who then puts you through to the lender. This way, you’ll avoid waiting longer and paying more to get the cash you need.

Get a Pre-Settlement Loan with Less Hustle

Getting a pre-settlement loan is easier if you work with a reputable lender who has your best interest at heart. However, you should be cautious and watch out for any red flags. This will help you avoid getting duped. Ask candid questions and read reviews online, and you’ll find it easy to settle on a pre-settlement funding loan for you.

Your Go-To Lowest Rate Pre-settlement Loan Company

When it’s all said and done, a pre-settlement funding loan can be handy if you’re a plaintiff in a lawsuit. It extends the amount of time you’ve got for negotiating. This can mean the difference between the judgment you’ve been longing for, and settling for much less.

Are you in need of pre-settlement funding? Contact us today and get a no-risk pre-settlement loan in less than 24

CLICK TO APPLY FOR A SETTLEMENT LOAN NOW

CLICK TO APPLY FOR A SETTLEMENT LOAN NOW

hours

Essure Lawsuit Loan – How To Get One      Hernia Mesh Lawsuit Funding Loans  What is SIMPLE vs. COMPOUND INTEREST   HOW TO GET IVC FILTER PRE SETTLEMENT FUNDING      How To Find-Best Rate Pre Settlement Loan   Top Rated Lawsuit Funding Companies   AUTO ACCIDENT LAWSUIT LOANS  WILDFIRE LAWSUIT LOANS   Roundup-lawsuit-loans-pre-settlement-case-funding    What Are SETTLEMENT LOANS-How They Work    SAME DAY LAWSUIT LOANS – How To Get One    Qualifying for a Pre Settlement Lawsuit Loan

Read More
pre settlement funding

Lawsuits are stressful, time-consuming, and expensive.

Your day in court may take months or even years to arrive. Yet this doesn’t guarantee that the end is in sight. There are many twists and turns as the legal process unfolds. Read on to see how pre settlement funding can help.

On top of this, stress is magnified if your lawsuit is a result of some personal injury, medical malpractice, or other debilitating event. You may be struggling to pay bills, such as medical bills, rent, or utilities.

Some people may be lucky enough to have friends or relatives to help you in your time of need, but even this can have a limit, and you may not feel comfortable borrowing money from loved ones.

So, what is someone supposed to do in this situation? You’ve heard of a pre-settlement loan, but what is it? Can it help you in this challenging time, or will it add to more stress in the end?

Perhaps you’ve taken out a pre-settlement funding loan but need more cash, so are wondering if you can have a second one? Continue reading to find out the answer to these questions.

 

What’s a Pre-Settlement Funding Loan?

So before deciding whether pre-settlement funding is suitable for you, what it is? A pre-settlement funding loan is a comparatively new type of financing that can be obtained by plaintiffs for a variety of lawsuits.

However, a pre-settlement funding loan isn’t really a loan but is actually a cash advance based on the expected verdict or settlement of your pending legal case.

The funding can also be known as a “lawsuit advance,” “lawsuit funding,” or a “pre-settlement advance.”

As stated, pre-settlement loans aren’t really loans as we know them in the traditional sense. This is because you only need to pay back what you borrowed if you win your case. If you lose your case, you’re not required to pay back the money.

This is important, so let me reiterate the point- After you file a lawsuit, and realize you’re in financial difficulties, you can approach a lawsuit funding company and ask them for a pre-settlement funding loan.

They’ll then contact your attorney to determine the strength of your case. If the case seems solid, the company advances you money based on an estimation of your legal claims.

If you win the case, you pay back the money from the settlement; if you lose, you pay nothing back.

 

What Types of Lawsuits is This for?

So far, this sounds pretty good, but perhaps you’re wondering whether your lawsuit is eligible for this loan?

The financing is available for a wide variety of lawsuits. These include:

 

Each financing company may vary on the lawsuits they fund, so be sure to communicate with them and your attorney properly before deciding anything.

What’s the Process for Getting Pre-Settlement Funding?

Should you decide to go for pre-settlement funding, the process should be as simple as:

 

  1. Finding a pre-settlement funding company to work with.
  2. The chosen funding company will then correspond with your attorney to review your lawsuit.
  3. With your attorney, you sign the agreement
  4. The company typically offers a choice as to how you will receive the funds. The money could be ovennighted wired or even come in the form of a debit card. The time of getting funding varies, but some companies offer financing to be delivered within 24 hours without any additional fees. Talk this through with your attorney and chosen company.

Simple, right?

 

Need More Cash?

You may find that the payment doesn’t entirely cover what you need. What do you do then?

This depends on the details of your legal case. You may be able to get more than one advance, but in general, you can only sell a maximum of between 15-20%.

What do I mean by sell? If you win your case, the money that you borrowed will be paid out of your settlement. Companies offer the funding based on an estimation of your final settlement after any legal or attorney fees are paid.

 

How Many Pre Settlement Funding Loans Can I Get?

Technically, there isn’t a set limit on how many loans you can get. So, in theory, the company may allow you to get a second pre-settlement loan. However, this will need to be determined by your funding company and your legal team.

Generally, the funding estimated is the maximum amount you can borrow, because when you first take out the loan, your legal team and company will assess how much money you get from your settlement and how much you will need to see you through that time.

The loan is typically restricted to 15-20 percent of the estimated value of your legal case. This is because it’s only supposed to be a modest loan that will keep you afloat during the process.

Of course, many expenses are unforeseen, especially if you’re unable to work or need ongoing medical care. In this case, you may need to re-apply for a new cash advance on your settlement.

However, the total payout (this means both loans if you take out two) must stay under 20% of the lawsuit valuation. This is to protect you and the lending company, as these loans are usually considered “non-recourse” loans.

It also means that if you get your settlement, you won’t find that the majority has been lost trying to pay off this settlement.

Pre-settlement funding loans can be beneficial during a fierce legal battle. The last thing you need during this already stressful time is to have to fret about bills, so this funding could be precisely what is required to stay afloat.

 

Does That Clarify Things for You?

We hope that having read this article we’ve answered some of your questions about pre-settlement funding. If you want to learn more about this topic, please feel free to reach out and contact us and we’ll do our best to help!

 Types of Cases we Fund   HOW TO GET AN IVC FILTER LAWSUIT LOAN     Every Year There Are Thousands Of Personal Injury Cases – Pre Settlement Funding Can Help     AUTO ACCIDENT LAWSUIT LOANS    HOW TO GET IVC FILTER PRE SETTLEMENT FUNDING   What Are SETTLEMENT LOANS-How They Work   It’s Settled: Tips for Getting the Most out of Your Pre-Settlement Funding

Read More
SETTLEMENT LOANS

How To Find The Best Rate On A Pre-

Best Lawsuit Loan Companies

Best Lawsuit Loan Companies

Settlement Funding Loan

How To Find The Best Rate On A Pre Settlement Funding Loan

Taking a look at the ins and outs of finding the best interest rate on your pre-settlement funding loan. How to make sure your needs are being covered.

Pre-settlement funding allows you to get a percentage of your lawsuit settlement before your case is over.

These loans have real benefits. A Settlement Funding loan or a Lawsuit Cash Advance can allow you to pursue a case that you might not otherwise be able to afford, which helps you to seek justice even without the deep pockets your opponent has.

The loans also help you pay your bills while waiting to appear in front of the judge. Too often, complainants must turn to credit cards and predatory loans to make up for lost income or pay their bills, leaving them with debt, missed payments, and damaged credit. Pre-settlement funding ensures you don’t end up in a worse financial position than you would be if you never sued.

To make the most of these loans, you need to find one with the right rates. Here’s how to shop around for a settlement loan.

1. Find the Best Interest Rate

 

 

Best Pre Settlement Loan Companies

Best Pre Settlement Loan Companies

Pre-settlement loans aren’t loans in the traditional sense. You will pay back what you borrow, but only if you win your case.(this feature is refered to as a non-recourse loan) You don’t owe anything if you don’t receive a settlement order from the judge.

However, they are similar to loans and other credit products in that the funding company does assess interest rates.

Interest rates are the first thing you should look at when you shop around because there isn’t presently any regulations on these rates. As a result, they can vary dramatically, if only because each lawsuit loan company can assess what they feel is best for them.

When looking for the best rate, make sure you distinguish between compounding and simple interest.

A simple interest rate is a flat rate. Compounding interest means you also pay interest on the interest. Naturally, simple interest is the best choice if you can find it.

In a similar vein, you might find it easier to borrow only what you need – not the maximum amount the funder offers you. By borrowing carefully, you make sure your bills get paid, but a smaller loan amount means you will pay less in interest. It means you keep more of your settlement when it does come in.

2. Find the Best Review Fees

Best Deal Lawsuiot Loans

GET THE BEST DEAL POSSIBLE

Reputable lenders won’t charge you for a quote, per se. However, there will be a review fee involved with actually providing your loan.

They add these fees because settlement funding providers do a lot of work behind the scenes to determine whether providing a loan is appropriate.

Lenders have to consult with your attorney and review your case before they can offer you anything. Remember that you don’t pay back the settlement loan if you don’t win the case, so each company needs to ensure that you have a strong case before making you a firm offer. If they don’t do the research, they risk losing their investment.

These fees aren’t unique, and all loans come with some charge (and credit cards with an annual fee). But at least settlement funding loans are safer: you still have to pay your credit card bills and return anything you borrow from your 401k if you lose or if your settlement is much lower than anticipated.

Tip: Make sure that you factor in the cost of the review fee with interest.

3. Look for Other Fees Like Origination, Application, and Underwriting Fees

Each company may assess different fees that include an application fee, review fee, or underwriting fee in addition to interest and your origination fee.

All of these should factor into your decision.

Ask every company who offers you a quote to provide a detailed breakdown of all the fees involved and compare them.

You should also compare the companies that assess fees with a low-interest rate with those who skip the fees but add a higher interest rate.

If your case will likely wrap up in only a few weeks or months, you might be better off using a higher interest rate with no other fees than choosing a low- interest rate but hundreds or thousands of dollars in fees.

You also want professional advice, which brings us to price comparison tip #4.

4. Have Your Attorney Read the Agreement for You

Pre settlement Lawsuit Loans

PRE SETTLEMENT LAWSUIT LOAN ADVICE

You should always involve your attorney in any attempt to secure pre-settlement funding.

Often, you have no choice, as most companies require you to have an attorney before they lend to you. Additionally, they’ll need your attorney to sign off on the paperwork to make sure they get paid when your case ends.

You should also ask your attorney to read any funding agreements that you receive. They can pick out any other fees that you might not see itemized in your quote.

For example, the contract may include a provision that raises your interest fee if your cases go one longer than a year.

Your attorney might also have an opinion on the funding company if past clients used them before.

Do Your Research Before Accepting Any Settlement Funding Loan

All settlement funding loan providers offer a similar product with the same premise: to provide you with money to pay your bills while you seek fair compensation in a lawsuit.

However, each loan is different, and it’s vital to shop around before signing the dotted line. Doing the math on every loan offer and comparing them will show you that sometimes your first choice might not be the best one.

And as always, have your attorney look over any offers you receive. It’s essential for your attorney to be on board from the beginning, and they can provide you with helpful advice to make your decision.

Do you qualify for a pre settlement funding loan? Start your search with LawCash911 and learn about your pre-settlement loan option in the next 24 hours.                    AUTO ACCIDENT LAWSUIT LOANS

Know Your Options

Settlement Funding for Qui Tam Cases

Read More
SETTLEMENT FUNDING

Pre Settlement Funding can Help

Lawsuits can take years to produce a verdict or for the parties to agree on a settlement. If you are suing for compensation and damages, you may not be able to survive the long wait. – Pre settlement funding can help/

Most lawyers are well financed and can comfortably take their fee after you win your case, You, on the other hand, may have all sorts of bills piling up at home.. When paired with lost income – either temporary or permanent – the results can be devastating to your finances.

You don’t need to let the debt accumulate while you wait for your settlement. Avoid the hole in the first place by considering pre-settlement lawsuit funding.

Here are the most common questions plaintiffs have about these loans.

1. What is Pre-Settlement Lawsuit Funding?

Pre-settlement lawsuit funding is a transaction in which a funding firm buys a portion of your future expected lawsuit settlement and gives you the cash upfront.

When your settlement arrives, and the check clears, they receive the portion they purchased.

2. Is it a Loan?

Lawsuit funding isn’t a loan. Although it looks like a loan on the surface and some people refer them to colloquially as lawsuit loans, there’s a significant difference: you always need to re-pay a loan from a bank or another lender.

With pre settlement funding, if you don’t win your case, you don’t repay anything at all. The money was 100% free. The funding company takes all the risk. That sounds pretty good!

Lawsuit Loans

SETTLEMENT FUNDING APPROVED

3. Does My Case Qualify for Funding?

Pre-settlement funding is available for personal injury claims where you have been harmed or injured in some way. You are suing the defendant and seeking compensatory damages

The claims typically funded include:

A good rule of thumb to judge as to whether your case qualifies is quite simple. Ask yourself the following questions. Be truthful now! Was I actually harmed in some measurable way? Is there an excellent chance my case will win? Does the defendant have adequate insurance? Did my attorneys file a valid lawsuit? Do I have good attorneys? If you can answer-yes-to all those questions, then you can be pretty sure you will be approved for funding.

4. How Much Can I Borrow?

The amount you may borrow depends upon an analysis of the expected  you will receive at the end of your litigation.

When you apply for funding, the buyer considers:

  • Your attorney’s estimate of your eventual settlement
  • The funders evaluation regarding the strength of your case
  • The length of time the case could take to complete.
  • If there were any offers made by the defendant.
  • All of these factors determine the risk of your case. Why is the funder so careful? Because the funding company loses if you lose, they want to minimize their losses while still providing a helpful service.

Expect an offer to make up about 10 to 20 percent of your total settlement estimation.

5. How Quickly Do I Get the Money?

Lawsuit Funding Advances

LAWSUIT CASH ADVANCES

While banks use an underwriting process that takes one or more weeks, lawsuit funding firms take a different and more efficient approach.

They will speak to your attorney – and perhaps ask their legal team – to provide documents relating to your case. The process moves along faster if your attorney cooperates and if your case is clear cut. Unusual cases like Trademark cases are much more difficult to get approved.

However, funding companies always aim to get you the money ASAP.

6. What if I am Representing Myself?

If you are representing yourself in small claims court or mediation, then you will not be approved for lawsuit funding. The same is true if you haven’t yet hired an attorney for your case.

Lawsuit funding companies need to know about the validity of your case before they can get invol;pved.

7. Do I Need to Provide My Personal Details?

Lawsuits are often full of sensitive information that you want to share with no one but your attorney.

The research needed for funding doesn’t require your attorney to breach attorney-client privileges.

Funding researchers always want to know the same things:. They are not interested in your personal details.

  1. How strong your case is
  2. How much you might win
  3. How long the case will take

Answering these questions doesn’t require the team to walk through the case step-by-step or learn any private information you divulged to your attorney.

8. Do I Need My Attorney’s Permission?

Yes, in a manner of speaking, you do.

An attorney’s cooperation is critical to the research required to secure your funding.

If you receive an offer you want to accept, then your attorney must also sign the “Acknowledgement by Counsel” form. They must sign the form because funding company and your attorney work together to settle the debt once you receive your settlement.

The attorney is never signing on th the debt nor is he ever responsible financially.

9. Do I Need to Pay Any Fees?

Yes, you will pay a fee and cost of the loan on your settlement advance. However, it is not due until your settlement check comes in.

All the fees included in the lump sum are made clear in your quote and again in your contract agreement. You should structure your borrowing around those fees, particularly if much of the settlement money is already earmarked for other debt or bills that occurred before, during, or after your lawsuit.

Litigitimate lawsuit funders will never charge a fee to investigate your case and provide you with a quote. So the quote is always free.

10. Is There a Credit Check Involved?

NO CREDIT CHECK

NO CREDIT CHECK

No, there is no credit check required.

The purchase isn’t contingent on your ability to pay back the sum over a fixed term. So, there’s no need to worry about your credit, income, or any other financial items. You don’t even have to be employed.

Skipping the credit check can be a relief for those going through a lawsuit because personal injury suits so often involve some type of incapacity to earn.

11. What Happens if I Lose or if My Settlement is Far Lower than Expected?

If you lose or your settlement comes in at an amount vastly lower than you expect, then you don’t need to do anything.

The buyer assumes the risk when they agree to purchase part of your settlement.

12. How Does the Buyer Get Repaid?

When you receive your settlement, your attorney will take out the required funds to pay themselves and to pay the buyer. They do this before you get the check, so you don’t need to worry about getting in touch to return the money.

Is Pre-Settlement Funding Right for You?

Pre-settlement lawsuit funding offers a chance for you to get some of your settlement before your case ends. For many plaintiffs, cash advances provide a huge relief because the damages of many personal injury lawsuits are the financial burdens associated with the injury.

Funding isn’t right for everyone, and you need your attorney to get on board to qualify. Do you have more questions about getting an advance on your personal injury settlement? Contact us for more answers.

Lawsuit Cash Advances  Clergy Sex Abuse  Law Firm Funding – Attorney Loans  Hernia Mesh Lawsuit Funding Loans   How to get Roundup Pre Settlement Funding  How to Find the Best Low-Rate Pre Settlement Funding Loan for You   HOW TO GET IVC FILTER PRE SETTLEMENT FUNDING  Litigation Settlement Cash   Moving Forward: How Lawsuit Advances Help with Your Recovery and Financial Stability   Commercial Litigation Lawsuit Loan The Top Rated Lawsuit Funding Companies  LAWSUIT LOANS 911  Motorcycle Accident Lawsuit Loans  Personal-Injury-Loans   Easy Car Accident Loans – 24 Hour Approval – No Upfront Fees – 100% No Risk   Wrongful Termination Lawsuit Loan  Roundup-lawsuit-loans-pre-settlement-case-funding Know Your Options: Lawsuit Loans vs Pre-settlement Cash Advances

Read More
pre-settlement cash advance

WHAT IF YOU NO LONGER HAD TO WAIT FOR THE SETTLEMENT MONEY YOU WERE OWED?

At any point in time, many people are waiting for the payout of their legal settlement. However, the wait can be long, and sometimes you need that money sooner rather than later.Applying for Pre Settlement Funding can Help

It turns out that a pre settlement cash advance could be your best option. Here are just a few reasons why this really is the

pre settlement loans

Pre settlement loans can helpbest choice for you and your family!   Product liability cases take years to settle – Some examples are – Roundup Pre settlement Cash Advances  Hernia Mesh pre settlement cash advances

IVC Filter pre settlement cash advances  Essure pre settlement cash advances

1. No Extra Cost?

One of the typical reasons for seeking pre settlement funding is simple. It’s quite possible your final payout might be delayed because your own attorney has requested additional time to try and negotiate a larger settlement. While any plan to receive more money sounds attractive, you still have to pay your daily living expenses during the protracted litigation.

Almost 99% of the time, the costs associated with your pre settlement advance will be recovered when you win or settle your lawsuit.. That means you get the cash you need right now without having to pay an annoying bill down the line. Usually you still end up with a juicy payout even after any pre settlement cash advances are paid.

Compare this to other funding alternatives. You can employ other options like payday loans or credit cards, but the interest means you are paying extra out of pocket on a weekly basis and may even find yourself swimming in debt.

2. Out of Work  – Pre Settlement Funding Can Help

Some of the most common lawsuit settlements are a result of accidents involving injuries. If you’ve gotten seriously injured on the job, then you definitely deserve compensation from the company and any third party defendants who are liable.

However, there’s an obvious problem with waiting. After getting injured in this way, you may not be able to work at all.

With no money coming into your home, things can quickly spiral out of control. In fact, your entire life may be compromised just by missing a single monthly payment

With pre-settlement funding, you can get the money you need right away to take care of your home and your family. And this gives you the peace of mind while you are putting your life back in order.

3. It’s Fast

The problem with waiting on a settlement is, of course, the “waiting” part. When it comes to alternative ways of getting your money, you’ll want something much speedier.

Pre settlement Funding

Pre settlement Funding

And this is an area in which pre settlement lawsuit funding really shines. In most instances, top rated organizations can review your case and make the appropriate lawsuit cash advance within a few business days.

Furthermore, they can pay you through a variety of speedy methods, including wiring you the money. Wherever you are, you’ll be able to get your money quite quickly even within hours.

4. Depleted Savings

As a culture, we tend to mythologize the savings account. Our prevailing idea is that if we put away enough money, we can be protected from anything that happens in the future.

However, all it takes is waiting for a settlement without any income to destroy this fantasy. Why? Because the legal process typically takes many years before a verdict or settlement agreement is reached.

If you are unable to work for this entire time, you will eventually reach the end of your savings account. And with no extra money coming in, you’ll need to get funding from somewhere.

With pre-settlement funding, you can pay for things after your savings are gone. Or if you act quickly enough, you can get your settlement while most of your savings are still intact!

5. No Credit Check

You can imagine that waiting for a settlement typically has a negative effect on someone’s credit. Once they blow through their savings, it’s typically to rely on credit cards. And if those credit cards have not been paid on time, your credit score tanks.

Because of this, some worry they won’t qualify for pre settlement funding. Fortunately, credit is not even a consideration when you apply. There is not even a credit report run.

The only qualifier for a pre settlement loan is having a case where you are likely to receive a settlement. As we said before, your settlement is how your pre settlement cash advance is paid, so they don’t care about your credit score.

Obviously, it’s still good to monitor your credit score and protect it when possible. And seeking pre settlement funding sooner rather than later can help you preserve your current score.

6. Insurance Woes

Pre Settlement Cash Advances

Pre Settlement Cash Advances

While waiting for a settlement, many people ultimately realize an unfortunate truth: their insurance company won’t protect them.

We spend our whole lives paying into insurance companies so they will take care of us when disaster strikes. However, the insurance company primarily focuses on their bottom line rather than a person’s well-being.

For example, the insurance company is going to push you to settle quickly and be done with the case. But doing so means you might end up settling for less money than you are truly owed.

With a pre settlement funding advance you can get funding now so you can afford to wait for a proper settlement amount.

7. All Digital

One of the worst things about seeking a settlement is all of the paperwork. It’s very stressful to fill it out, and it seems like there is no end of forms for you to sign.

Because of this, some people think that pre-settlements must also be a paperwork nightmare. Fortunately, this is not the case!

For the most part, you can handle pre settlement paperwork at home in your pajamas. You can receive and review electronic documents,then sign everything digitally.

Sure, there is still a bit of paperwork to handle. But it’s all digital, meaning it takes no time at all and doesn’t even require you to ever leave the house.

8. Keep Your Bill Collectors At Bay  – Best Lawsuit Loan Companies

Get a Pre Settlement Loan

Get a Pre Settlement Loan

Arguably, the worst part of waiting for a settlement is the continuing bills. Or maybe we should say the bill collectors!

If you cannot work due to an injury on the job, then your bills are going to quickly pile up. And as the bills pile up, so do the late fees and other penalties.

Some unpaid bills quickly affect your quality of life. For example, you don’t want your power or your internet to be turned off while you wait for a settlement.

With presettlement lawsuit funding, you can pay all of those bills on time. They’ll never pile up and you won’t have to deal with any angry bill collectors.

Pre-Settlement Cash Advance: The Bottom Line

Now you know the benefits of getting a pre-settlement cash advance. But do you know who can help you get the cash you need?     www.LawCash911.com

We specialize in covering your legal costs and helping you get pre settlement cash. To see how we can put cash in your hands, come apply for funding today!

APPLY FOR A LAWSUIT LOAN NOW

APPLY FOR A LAWSUIT LOAN NOW

Types of Cases We Fund   Dog Bite Lawsuit Loans     Do I qualify?  Attorney Funding  Top Rated Lawsuit Funding Companies

Best Lawsuit Loan Companies  Wrongful Termination Lawsuit Loans     Medical Malpractice Lawsuit Funding      Construction Accident Lawsuit Loans    Summer Camp Sex Abuse Litigation Funding  Roundup Lawsuit Loans  How to find the Best Low Rate Pre Settlement Funding    Pre Settlement Funding Advice and Tips         How Much Can You Borrow  Qui Tam Case Loans

Read More
pre settlement

Every year, Americans file more than 16 million lawsuits. Are you one of these individuals?      (some types of cases we fund)

Depending on your case, you’ll also need to shell out cash for expert witness fees, administrative fees, court filing fees, trial costs, and even legal fees for the defense.

You’ll face losing time from work, too, which could impact your ability to earn income. When it’s all said and done, just one case can rack up bills in excess of $30,000 to $100,000.

As you can see, raising these funds quickly requires more than your average GoFundMe campaign. Instead, it’s time to consider a pre-settlement loan. How do they work, and what should you look for in a reputable loan company?

Read on for the skinny on pre-settlement loans as well as tips for finding the best pre-settlement loan companies.

What Is a Lawsuit Loan?

When it comes to securing funding for a lawsuit, you borrow money against your projected settlement or judgment. This type of loan proves particularly useful for plaintiffs who’ve incurred large medical bills, or loss of income due to injury.

Unlike traditional loans, pre-settlement funding represents a type of advance. You may be eligible for it if you’re involved in one of the following types of cases:

  • A wrongful death lawsuit (where you suffer the loss of a loved one due to the actions or negligence of another party)
  • A personal injury case where you are injured due to somebody else’s actions
  • An auto accident
  • A workplace injury
  • A premises liability (such as a slip and fall)
  • A medical malpractice lawsuit
  • A product liability lawsuit

What should you do before applying for a lawsuit loan? First, find a lawyer and file an eligible lawsuit. Remember, potential loan companies will evaluate the merits of your case and your chances for winning before offering you a loan.

Pre-Settlement Funding 101                       

Pre Settlement Loans - Lawsuit Loans

What are Pre Settlement Loans – Lawsuit Loans?

How can pre-settlement funding be spent? Plaintiffs use the money from such loans to cover a variety of expenses including:

  • Car loans
  • Mortgage payments
  • Medical bills
  • Living expenses

Pre-settlement funding is vital to the ability of plaintiffs to sue. After all, court cases can drag on for months if not years. Unfortunately, plaintiffs sue because they need their future court awarded money now, not years down the road.

That said, pre-settlement loans can get expensive. Interest can run anywhere between 20 and 60 percent a year. In fact, the average rate is 44 percent, according to the University of Texas.

That’s why it remains imperative that you find a lender who offers low interest rates. To help with this process, follow the tips below to find the best low-rate pre-settlement funding possible.

Finding The Right Lawsuit Lender

When it comes to lawsuit funding companies, you need to do your research. Once you become a personal injury plaintiff, you may start receiving mail from a variety of lenders. You may also see commercials on the television and the internet.

But not all pre-settlement loan companies are created equal. And their interest rates can vary drastically. To avoid paying an arm and a leg, you need to read and understand the fine print.

You should also turn to your attorney for recommendations. Your lawyer should be familiar with the struggles that plaintiffs face and be able to provide you with helpful resources. They should also offer to help you negotiate the best terms.

Besides speaking to your attorney, check out the American Legal Finance Associations (ALFA) resources. ALFA is the primary trade association for the lawsuit funding industry. They publish a list of best practices their members agree to follow.

These include regulations regarding:

  • Disclosure requirements
  • Lending amounts
  • Conflicts of interest
  • False advertising

Both your attorney and ALFA represent excellent resources when it comes to finding the right lender for your needs. Once you’ve compiled a list of potential lawsuit lenders, it’s time to shop around for the best terms.

Securing the Best Loan Terms

Before signing with a company, you need to secure the best loan terms possible. To do this, start by contacting a variety of lawsuit financing companies to get offers.

But here’s the caveat. Due to the complicated nature of lawsuit lending, a company might not be able to quote you a rate until they evaluate your case thoroughly.

Once you’ve been approved and received offers, make a list of each one. Then, spend some time comparing them.

Pay particular attention to interest rates. These are sometimes referred to as “funding fees” in the pre-settlement loan world.

Besides finding the best interest rate, inquire into how often the interest gets compounded. Compounding refers to interest paid on interest. In other words, the more a loan compounds before your final settlement, the more you pay.

Some other important factors to consider include charges beyond interest such as application fees.

Keep in mind that some companies will try to charge you before even considering your case. Instead, look for lenders offering free evaluation services.

Also, look for a company who won’t charge more than your final settlement award and one who won’t charge you should you lose your case.

Finally, don’t feel pressured into signing paperwork. After all, you’re not obligated to contract with a lender simply because you requested information or applied for a loan.

If you notice red flags during the process such as a lenders’ reluctance to disclose the terms of the loan or answer your questions, then it’s time to cut ties and move on.

Pre-Settlement Loans and You

When it’s all said and done, pre-settlement loans can come in very handy when you’re a plaintiff in a lawsuit. They can help you cover living expenses and pay for medical bills.

These loans can extend the amount of time you have for negotiating. This can mean the difference between getting the court judgment you want and settling for much less.

What’s more, you don’t have to have any credit at all credit or even be employed to secure one, and you can usually get a loan quickly with the convenience of applying online.

Want to learn more about pre-settlement funding? Contact us today to fill out a pre-settlement loan application and find out

APPLY FOR A LAWSUIT LOAN NOW

CLICK TO APPLY FOR A LAWSUIT LOAN NOW!

more about what we can do to support you through your legal proceeding.

Lawsuit Loans in 24Hrs         Know Your Options Lawsuit Loans vs Pre Settlement Cash Advances   Best Lawsuit Loan Companies  California Lawsuit Funding  Roundup Pre Settlement Loans

Read More
best pre settlement loan companies

Every year, Americans file more than 16 million lawsuits.

If you’ve filed a lawsuit recently, you know that it can take a while before you actually get the money you’re owed, even if you win your case.Let’s talk aboit the best pre settlement loan companies.

Do you need money to tide you over until you receive your settlement? If so, then a pre-settlement loan, also known as a lawsuit loan, could be a good option.

Before you apply for a pre-settlement loan, it’s important to make sure you’re working with a credible lender.

Listed below are some tips that will help you find the best pre-settlement loan companies for your needs.

Why Apply for a Pre-Settlement Loan?

There are many benefits that come with applying for a pre-settlement loan. Some of the greatest benefits include:

Get Money to Tide You Over

The main reason people apply for pre-settlement loans is that they need money to carry them through and help them meet financial obligations.

Lawsuits are expensive, and the bills don’t stop coming just because you’re in the middle of one. You need to keep the lights on, and you still need to be able to buy groceries and put gas in the car.

A pre-settlement loan can be a godsend to folks who are struggling to make ends meet. This is especially true of people who are in the middle of a personal injury lawsuit and might not be able to work.

Make Time for Negotiation

When your financial needs are met, you have more bandwidth to focus on other things. That includes winning your case.

Once you’ve received your pre-settlement loan and can relax a bit about financial matters, you might be able to spend more time working with your lawyer to negotiate a fair settlement.

You won’t be forced to take a less-than-ideal settlement offer just because you’re desperate for cash.

Only Repay if You Win (Non Recourse Loans)

In many cases, you only have to pay back your pre-settlement loan if you win your case. This is known as non-recourse funding, and it makes taking out a pre-settlement loan a virtually risk-free option.

Finding the Best Pre-Settlement Loan Companies

Clearly, there are lots of reasons to take out a pre-settlement loan. If you want to experience these benefits, though, you’ll need to make sure you’re working with the right pre-settlement loan company.

Here are some tips that will help you make the best decision for yourself and your financial needs:

Read Loan Terms Carefully

Before you agree to work with any pre-settlement lender, be sure to read the terms of their loan agreement carefully. Read the contract from top to bottom before you sign anything. If anything seems amiss, address if before you sign or talk it over with your lawyer.

Look for a Fast Application Process

Look for a lender who can turn your application around quickly. Ideally, they’ll let you know if you’ve been approved within 24 hours. If a lender makes you jump through a ton of hoops before giving you the funding you need, they might be a shady operation.

Look for Low Rates

As with any type of loan, the lower the interest rate, the better. Nobody wants to have to pay more than is absolutely necessary when they’re repaying their loan.

Most pre-settlement lenders charge interest rates around 3.5 percent. If the lender you’re considering is asking more than this, that can be a red flag.

Be sure to ask about the fixed monthly interest rate before you sign any agreements.

Consider Interest Types

Be sure to ask about the interest type, too.

Some lenders use simple interest (it’s based on the principle of the loan). Others use compound interest (you’re charged on the amount of interest that builds up over time).

Both are viable options, but it’s good to find out what type of interest you’ll be charged before you agree to anything.

Broker vs. Direct Settlement

It’s best to get your pre-settlement loan from a direct settlement lender. Sometimes, people apply for pre-settlement loans through a broker, who then puts them in contact with a lender. This can draw out the application process and cause you to have to wait longer to get the money you need.

Ask About Non-Recourse Funding

If non-recourse funding is important to you, be sure to ask about it when you reach out to a particular lender. They’ll be able to let you know right away if they offer it.

Read Reviews of All the Best Pre Settlement Loan Companies

Read online reviews for a lender before you decide whether or not you want to work with them. Check to see if the lender has testimonials available on their site, but look at third-party review sites as well.

Steer clear of lenders that have lots of negative reviews (or no reviews at all) online. You should also avoid lenders who have complaints against them from the Better Business Bureau.

Make Sure They Fund Your State

Finally, make sure that the lender you’re considering is legally allowed to offer pre-settlement funding in your state.

Every state has different pre-settlement lending laws. Steer clear of lenders that aren’t in compliance with your state’s laws — that’s a major red flag.

Getting Approved

In order to get approved for a pre-settlement loan, you’ll need to meet some basic requirements, including the following:

  • Be involved in a valid lawsuit
  • Have a lawyer working on your behalf
  • Have approval from your lawyer for pre-settlement funding

As long as you meet these minimum requirements, there’s a good chance that your application will be approved.

Get a Pre-Settlement Loan Today

Now that you know more about pre-settlement loans and what you can do to find the best pre-settlement loan companies, it’s time to begin your search.

There are lots of pre settlement loan companies out there, but they’re definitely not all created equal.

APPLY FOR A LAWSUIT LOAN NOW

APPLY FOR A LAWSUIT LOAN NOW

If you’re looking for a reputable pre-settlement loan company that will get you the money you need within 24 hours of your application being accepted, we’re here for you at Lawsuit Cash 911.

Contact us today to fill out our online pre-settlement loan application. We’ll get back to you right away and let you know whether you’ve been approved!

8 Reasons to Apply for Pre Settlement Funding     WILDFIRE LAWSUIT LOANS  AUTO ACCIDENT LAWSUIT LOANS  What to Expect in a Clergy Abuse Lawsuit   Essure Lawsuit Loan – How To Get One       Roundup-lawsuit-loans-pre-settlement-case-funding                          GET AN ABILIFY Lawsuit Loan TODAY   Been Severely Injured in a Motor Vehicle Accident? A Lawsuit Cash Advance Can Help             Can I Get Two Pre Settlement Funding Loans           Top Rated Lawsuit Funding Companies      Its Settled: Tips for Getting the Most out of Your Pre-Settlement Funding       Can I Get a Settlement Loan – Find Out How Much You Can Borrow  Lawsuit Loans Fast

Read More
pre-settlement funding companies

95 PERCENT OF LAWSUITS SETTLE OUT OF COURT

While this is generally good news for plaintiffs in personal injury cases, settlements can still take months or years to negotiate. If you find yourself struggling to make ends meet while waiting for your case to settle, consider taking out a pre-settlement loan.

Keep reading for more information on pre-settlement funding companies and how to choose a company that is right for you.

What Is Pre-Settlement Funding?

When you file a lawsuit in a personal injury claim, you become eligible for a special type of loan.

A pre-settlement loan is a non-resource loan that allows you to borrow money while you are waiting for your claim to settle.

Personal injury lawsuits can take months or years to resolve. Your claim may settle out of court or you may be awarded a settlement by a jury or judge. While you are waiting for the money you are owed, you will likely face some unexpected financial hardships.

As if being the victim of an accident is not bad enough, you will likely owe large hospital and medical bills. Your injuries may require time off work if you can hold down a job at all.

Pre-settlement funding allows you to borrow money from your anticipated settlement. With this type of loan, you will not have to make any payments until you receive a settlement check.

If you do not receive a settlement check or do not win your case you will not have to pay back the loan.

Qualifying for Pre-Settlement Funding

There are only two qualifications to apply for this type of loan.

First, you must have a pending lawsuit. Second, you must be represented by an attorney. If you meet these two conditions, you are eligible to apply for a loan.

How much you are able to borrow depends on the value of your case and your anticipated settlement.

Once you apply for the loan, funding is usually approved quickly. You’ll receive funds in 24hrs.after signing the paperwork..

Since the loan is against the settlement you may receive, you will not be subject to traditional lending qualifications. Your lender will not require proof of employment, as it is not relevant. Your lender will not check your credit and you will not put up any assets as collateral.

Choosing Pre-Settlement Funding Companies

If you think you might qualify for a pre-settlement loan, there is no risk in applying. However, you want to make sure you choose a trusted company that will give you a good rate.

Remember that you will not make any payments until you receive your settlement check.

Keep reading for more tips on how to choose the best lender for you.

1. Be Informed About the Process

It’s important that you understand the process and know what questions to ask your lender. While we have explained that most settlement loans are non-recourse loans and you will not have to pay them back if you don’t win your case, read the terms and conditions of any contract you sign.

No matter what company you go with, you will probably owe some additional fees. After all, you are borrowing money from a business.

You want to look for a company that offers low lawsuit funding rates. You don’t want to get into a situation where you owe your entire settlement plus substantial interest.

Your goal is to find a company that will lend you the money and still allow you to receive significant funds at the time of settlement.

2. Talk to Your Attorney

As mentioned previously, you must be represented by an attorney to apply for a lawsuit loan. You should keep your attorney in the loop throughout this process.

He or she will be the most informed person when it comes to determining the value of your case and helping you decide on an amount to borrow.

Since you will be signing a contract, make sure your attorney reviews it before you sign. Your attorney may even be able to recommend a pre-settlement loan company that he or she has worked with before.

3. Talk with Friends and Family

Word of mouth is one of the best referral services and an easy way to vet a company.

Asking your friends and family whether they have any experience with lawsuit settlement loans will give you a first-hand look at potential companies from your most trusted sources.

When it comes to reviews, there are none better than those from your inner circle. Once you get the name of a company from a friend or family member, you can look it up and do further research.

4. Online Reviews

Reading online reviews before doing business with a company is essential in this day and age.

It’s understandable that some reviews may be outliers, but you will be able to get a general feel for the company and the way it does business.

Be wary of companies with all 5-star reviews or all negative reviews. Keep your eye out for red flags. If something seems shady or off, it probably is.

The internet will help you compare a couple of companies. Be sure to explore all of your options.

5. Ask Questions

After doing research about lawsuit funding and contacting a company, you and your attorney should ask the company the tough questions.

Make a list of questions that come up as you research and provide them in writing to the company. A good company you can trust will be transparent and answer your questions honestly and in good faith.

Make sure your to keep your attorney involved in this part of the process, as his or her expertise and presence will go a long way.

Apply Today

Now that you have an idea of how pre-settlement funding companies work, the next step is to apply for a loan. The initial application is easy and is the first step in working with a specific company.

APPLY FOR A LAWSUIT LOAN NOW

APPLY FOR A LAWSUIT LOAN NOW

Apply today to get started.       Essure Lawsuit Loan – How To Get One                  WILDFIRE LAWSUIT LOANS   Roundup-lawsuit-loans-pre-settlement-case-funding      Get Cash Today!        8 Reasons to Apply for Pre Settlement Funding   Roundup-lawsuit-loans-pre-settlement-case-funding     9 of the Best Lawsuit Loan Companies     Hernia Mesh Lawsuit Funding Loans        HOW TO GET IVC FILTER PRE SETTLEMENT FUNDING       Roundup-lawsuit-loans-pre-settlement-case-funding   Lawsuit Loans for Pending Lawsuits – How Does a Settlement Advance Work?      Best Lawsuit Loan Companies                              Can I Get Two Pre Settlement Funding Loans?                            Lawsuit Funding Can Help!

Read More
settlement funding

SAME DAY LAWSUIT LOANS

That itch you get when you’re waiting to get your lawsuit settlement can be unbearable.

SAME DAY LAWSU9T LOANS

SAME DAY LAWSUIT LOANS HERE

What if you could get the funds you know are owed to you right now?

Thankfully, you can get settlement funding through a lawsuit loan.

But where do you even start?

We’ve created the ultimate guide on where to find, how to get, and what you need for same-day settlement funding on your lawsuit.

HOW TO QUALIFY FOR SAME DAY PRE SETTLEMENT FUNDING

Qualifying for pre-settlement financing is simple.

If you’ve been injured as a result of the negligence of another person or entity, you may be able to apply for pre-settlement funding during your lawsuit.

When you apply, you must have an active case in court and be represented by an attorney.

After you send in your application, the company will review the merits of your case. This means that they will calculate the chances of you securing the settlement from your lawsuit.

Based off of this determination, the company will either approve or deny you the settlement funding.

NO CREDIT CHECK NEEDED

As opposed to standard loans, there is no credit check needed when applying for settlement financing.

This is because the funds are granted on the likelihood of you receiving money as a plaintiff, negating the need for good credit.

WHO NEEDS PRE SETTLEMENT FUNDING?

Because lawsuit loans are often given out for injury compensation cases, most plaintiffs can’t work during their case. Even though you may be out of work, the world still keeps spinning.

While disability payments or sick pay may cover some expenses, they may not be enough to cover all your bills in the face of intimidating legal fees.

24 HOUR LAWSUIT LOANS

24 HOUR LAWSUIT LOANS

This is where settlement funding comes in.

These loans come with no restrictions of use and can be used for any expenses you need to cover. Whether it be medical, utility, or legal bills, settlement funding can help you during a tough time.

Settlement financing can also assist you in toughing it out without settling for less than you deserve.

Because insurance companies know you desperately need the settlement money to survive, they’ll often send you an initial lowball offer.

If you’re desperate for money, the chances of you accepting this suboptimal offer are high.

However, with pre-settlement financing, you can reject initial offers with the safety net of your loan.

In the long run, it may help you secure a higher value settlement.

How Much Can I Receive?

When you apply for your loan, the loan company and your attorney will estimate just how much your settlement payment is expected to be.

Based off of that, the lender will loan you a certain percentage of the estimated amount.

Once you’ve been approved for the loan, you’ll sign a contract and receive your advance.

What Will It Cost Me?

LOW COST LAWSUIT FINANCING

LOW COST LAWSUIT FINANCING

There is a small fee associated with receiving lawsuit funding.

The exact amount will be dependent on how much you are estimated to receive and the settlement financing company you work with.

This fee often does not need to be paid upfront and is usually added to the repayment amount.

The Length of Your Lawsuit

The length of time it takes to get your best settlement offer will determine the amount of interest you pay back to your lender.

The longer it takes to receive your money, the more money you will have to pay in excess of the actual loan amount.

HOW LONG DOES IT TAKE TILL I RECEIVE THE MONEY?

Depending on the company loaning the money to you, it can take anywhere between 24-48 hours.

This rapid funding can allow you to get back to normal life in the midst of stressful and inconvenient circumstances.

WHEN DO I PAY THE LOAN BACK?

After you’ve received the settlement from your case, the loan will be repaid out of the settlement check.

Although your check will end up totaling less, pre-settlement funding can prevent you from defaulting on other debts or your electricity from being shut off.

WHAT IF I DON’T WIN?

Because settlement loans are based on the company’s determination of your case, they assume the responsibility for the risk of default.

This means that in the unlikely event you lose your case, you do not have to pay back the loan.

WHERE CAN I GET PRE SETTLEMENT FUNDING?

There are many companies that offer settlement financing and finding the right one for you can be difficult.

Here are some things to keep in mind when choosing your pre-settlement lender.

WHERE TO GET A LAWSUIT LOAN

WHERE TO GET A LAWSUIT LOAN

APPLICATION FEES

With the situation you’re already in, the last thing you want is extra fees.

An unnecessary application fee is one of those extra charges you’ll want to look out for.

Most lenders won’t charge an application fee. In the rare case that they do, request that they waive it.

INTEREST & COMPOUNDING

When selecting your lending company, ask about interest rates and how often interest is compounded.

If the interest is compounded more often, you’ll end up paying more in the long run.

LOCATION

Not every lender will serve the state you live in.

You can find which states a lender serves on their website.

TYPES OF CASES

Some lenders will specialize in certain cases whereas others may have a wider range of cases that they analyze for lawsuit funding.

As with location, lenders will often display the types of cases they work with on their website.

GET YOUR SAME DAY PRE SETTLEMENT FUNDING NOW

Once you’ve submitted your claim and hired an attorney, you’re ready to apply for your settlement funding.

After you’ve assessed different lawsuit loan lenders based off of fees, interest, and compounding, you’ll be ready to choose a company to partner with during this time.

APPLY FOR A LAWSUIT LOAN NOW

APPLY FOR A LAWSUIT LOAN TODAY

For those who have been injured and waiting for compensation, receiving this money in a 24 to 48 hour period can be a lifesaver.

If you’re looking for a settlement funding lender that charges no application fee, visit Lawsuit Cash 911. On their website, you can see whether they serve your state and apply online simply and for free.

8 Reasons to Apply for Pre Settlement Funding 

Please Click Here to see Additional Types of Cases We Fund  

How to get Roundup Case Pre Settlement Funding

Top Rated Lawsuit Funding Companies

Read More
settlement loan

  ACCIDENTS HAPPEN MORE OFTEN THEN WE MIGHT LIKE

There are over 30 million visits to the emergency room each year by patients who were injured accidentally. Many of those injuries were caused by the negligence of another party. A pre settlement loan may help.

If you were injured in an accident that wasn’t your fault, you no doubt understand the struggle of meeting even basic financia

Personal Injury Loans

PERSONAL INJURY LOANS

l responsibilities as you recover.

Did you know that financial help is available for victims of negligence cases?

Keep reading for more information on lawsuit settlement loans and to find out if you might qualify for a cash advance on your case.

WHAT ARE SETTLEMENT LOANS?

If you have a personal injury case that is in litigation, you may be eligible for a settlement loan. Settlement loans are a great way to maintain your financial health and sanity while you work to resolve your personal injury claim.

When you are injured in an accident that was not your own fault, the financial burden can be devastating. Not only will you be faced with medical bills and hospital bills but you will likely miss time from work while you recover.

Not being able to hold a job is common for accident victims and leads to a snowball effect of hardships. If you were the victim of a car accident, you might be without a vehicle. Paying for basic living expenses and utilities can become overwhelming in such a difficult time.

LEGAL LIABILITY

PRE SETTLEMENT LOANS

PRE SETTLEMENT LOANS

When you visit a property owned by another party, they have a duty to uphold a standard of care and ensure your safety. When property owners or other parties fail to act reasonably and cause injury to another party, they are negligent.

Unfortunately, the process of proving your case can be long and grueling.

Fortunately, there is a way to get an advance on the settlement you are owed. You can apply for a settlement loan, also called a lawsuit cash advance.

This type of loan is special in that if you lose your case, you don’t have to pay back the loan. Lenders only loan money to plaintiffs that they are confident will win their cases.

This type of loan is called a non-recourse loan and is risk-free for the consumer.

BENEFITS OF SETTLEMENT LOANS

Settlement loans come with many benefits and few risks for a victim of an accident. Keep reading for some of the benefits of lawsuit loans that will help you qualify.

QUICK APPROVAL

Lawsuit settlement loans are usually approved quickly and easily. Funding is usually available within 24-48 hours. Lenders

SAME DAY SETTLEMENT LOANS

SAME DAY SETTLEMENT LOANS

know you need the money as soon as possible and are not going to drag you through a drawn-out lending process.

NO INCOME VERIFICATION

The premise of a settlement loan is that your anticipated cash settlement is your guarantee of repayment.

Your personal circumstances are not important and your lender will not scrutinize your personal financial situation. You will not have to provide proof of income in order to qualify for the loan.

In fact, many recipients of lawsuit loans are not employed at all due to their injuries.

NO CREDIT CHECKS

Your credit history will have no bearing on your ability to qualify for this type of loan.

You can get a lawsuit settlement loan with poor credit or no credit at all. Even if you don’t qualify, you will not risk dinging your credit score by applying.

PAYMENTS

We already mentioned that you don’t have to pay back your loan if you don’t win your case. What’s also great about settlement loans is that you don’t have to make payments until your case is resolved.

It can take months or years to settle a personal injury lawsuit. With a settlement loan, you don’t have to start making payments until you receive your settlement check.

And of course, if you don’t receive a settlement, you don’t have to pay back the loan.

NO COLLATERAL REQUIRED

KEEP YOUR FAMILY SAFE WITH A PRE SETTLEMENT LOAN

KEEP YOUR FAMILY SAFE WITH A PRE SETTLEMENT LOAN

You don’t have to worry about putting up collateral in order to qualify for a loan.

Since you don’t have to pay back the loan if you don’t receive a settlement, there is no need for collateral. You are not risking any of your assets by taking out this type of loan.

PROTECTING YOUR FINANCIAL FUTURE WITH A SETTLEMENT LOAN

Many victims of accidents are forced to deplete their personal savings to make it through the duration of their lawsuit.

They may also cash out their 401ks or take out a second mortgage on their home. While these measures might seem necessary at the time, they can have disastrous effects on your future financial health.

Applying for a settlement loan allows you to protect your assets and protect your financial future once your lawsuit is settled and over.

Furthermore, you will only be able to borrow what you are expected to receive in your settlement. It’s unlikely that you will overextend yourself, which is a serious risk with many other types of loans.

Determining if You Qualify

Generally, there are only two requirements to apply for a settlement loan.

First, you must have a personal injury case that has been filed as a lawsuit. Second, you must be represented by an attorney.

If you meet these two conditions, you can easily apply for a lawsuit settlement loan.

How Much You Qualify For

Determining how much you may qualify for is something best left to your attorney. Your attorney will have the experience and expertise in your jurisdiction to estimate the value of your case.

All cases are different and the nature of your injury and course of treatment will determine exactly how much your specific case is worth.

You can then work with your lender to borrow the amount you are expected to receive in your settlement.

APPLY for a SETTLEMENT LOAN TODAY

When it comes to lawsuit loans, there is no risk in applying.

If you have a case and meet the basic requirements discussed above, consider applying for a settlement loan today. You will quickly find out whether you qualify and how much you qualify for.

Contact us to get funding today.

APPLY FOR A LAWSUIT LOAN NOW

APPLY FOR A LAWSUIT LOAN NOW

LAWsuit LOANS 911    Hernia Mesh Lawsuit Funding Loans   How to Find the Best Low-Rate Pre Settlement Funding Loan for You    Can I Get Two Pre Settlement Funding Loans?     HOW TO GET IVC FILTER PRE SETTLEMENT FUNDING   Roundup-lawsuit-loans-pre-settlement-case-funding     GranuFlo-Lawsuit-Pre Settlement-Loans    9 of the Best Lawsuit Loan Companies   WILDFIRE LAWSUIT LOANS    GEORGIA Lawsuit Funding     Every Year There Are Thousands Of Personal Injury Cases – Pre Settlement Funding Can Help    Litigation Settlement Cash  Essure Lawsuit Loan – How To Get One   Best Lawsuit Loan Companies

Read More
pre-settlement funding

LAWSUITS ARE A COSTLY AFFAIR

In America, litigation costs anywhere from $10,000 to $100,000 and upwards. Therefore, if an Attorney takes your case on a contingency basis, he quite sure he will recover his out of pocket costs. That’s fine for the Attorney, but how do you pay your bills? A Pre Settlement Funding Company seeks to advance people in litigation cash to keep them afloat as their case works its way through the overburdened court system.

What Is Pre-Settlement Funding?

Pre Settlement funding or Pending Lawsuit Loans refer to a Cash Advance on A Pending Lawsuit.. While not as popular as mortgages, personal and car loans, pre-settlement loans are gaining popularity in recent years.

In America, Plaintiffs starting a lawsuit (even when their Attorney’s are working on a contingency basis) are typically responsible for some portion of their legal costs, with a few exceptions. These include anti-discrimination lawsuits and in cases where both parties had a contract stating who would absorb legal fees. Their costs might include paying for depositions etc.

In addition, some states require the plaintiff to pay the defendant’s attorney’s fees if they pursue a lawsuit with no merit.

At the end of the litigation process, you want to end up with the largest amount from your settlement as possible. Towards this end, you want to choose a Lawsuit Funding Company with the lowest interest rate and operational fees.

Picking a good  Pre Settlement Funding Company  is essential to achieving this goal.

Here are a few considerations to keep in mind while going through the funding process.

1. The Interest Rate and Other Fees

Like with any other loan, the interest rate should be among the prominent considerations. When you initiate contact, ask this question directly and be sure to get a direct answer.

Further, inquire if the company has any monthly charges or upfront/application fees you are required to pay. You are much better off with a company with no such costs.

Remember the payment for the loan will be made from your settlement amount. The higher you pay in interest and fees, the less money you will end up with.

2. Apply for a Realistic Amount

Pending lawsuit loans can be expensive. In essence, the funding company gives you 10 % – 20% of the total monetary value of your case.

It is imperative to find an approximate value of your case from your attorney.

With this in mind, apply only for an amount you absolutely need. Once the cash is advanced to you, have a clear budget and stick to it so the money can support you through the duration of the trial.

3. Keep Your Lawyer in the Loop

The entire funding transaction will happen between the funding company and the law firm you are using.

For this reason, it is important to let your lawyer know you are seeking funding and from which company.

This way, they can prepare whatever documentation might be required, and also respond to the funding company in a timelier manner.

When all parties involved work in sync, things are bound to move a lot faster.

4. Look for Transparency

You can easily evaluate a company’s transparency by its responsiveness and their openness to work with your lawyer.t Look for this quality in a funding company. Also make sure not to apply to a bunch of companies at the same time. This might irritate your attorney and make the Lenders wary.

Similarly, carefully asses the wording of their contract. Pick a company whose contract is short and easy to understand.

A good company strives to simplify its wording for you to understand. A complex, lengthy contract makes it more possible to sneak in unfavorable clauses.

Be wary of companies that pressure you to seal an agreement too early on, and eliminate any funder that wants to keep your lawyers out of the process.

Again, start shopping for a funding company early, and take your time to seal a deal. Waiting too long can put a lot of pressure on you, forcing you to take a bad deal on a loan.

5. Arm Yourself with the Necessary Documents

The document request process can take time.

The busier the law firm, the more time it will take for your lawyer to furnish the funding company with the prerequisite documents.

You can be more proactive and request for copies of your case information. These can include medical reports, police reports, and demand letters, and anything else your lawyer might deem relevant.

6. Eliminate the Middleman

Using a middleman or a broker slows down the process and ends up being costlier.

When you use a broker, the loan cost is likely to cost you more because of the brokerage fees. Further, they will pass on your case details to numerous funding companies.

For your lawyer, this means fielding numerous calls in regard to your case, which will further increase their workload. More often than not, this will also increase your lawyers’ fees because the phone calls and correspondence will increase the number of billable hours.

7. Seek a Referral from Your Lawyer

With all legal issues, your lawyer is an authority. Before going out on your own to find and vet loan advance companies, its best to see if your lawyer can recommend one.

Because they have been in the business for long, they might even have a funding company they work well with. Their relationship with the company can get you heard and approved sooner than going at it alone.

However, you still have to do your own vetting, and especially with the interest rate.

8. Familiarize Yourself with Your Case

It helps to have a thorough understanding of your case.

The funding company will want as much information about it as possible before making their decision.

For any information you are unable to provide, they will have to call your lawyer. Depending on how responsive/busy the law firm is, this back and forth can take time.

If you know the facts of your case as well, it helps the funding company build a profile much quicker and make their decision quickly-which is in your best interest.

Why a Pre Settlement Funding Company?

The court process can take longer than you or your lawyer anticipate.

At LawCash911, we can ease the financial stress so you can focus on recovery and winning your case. Furthermore, in the event that you lose your case, you are not in debt with your pre-settlement company.

We charge no upfront fees to evaluate your case, we do not do a background credit check, and our application forms take less than a minute to complete and your quote is 100% free with no obligation.

If you need more information on the types of cases we fund or if you need to talk to a funding partner about your case, contact us today.                       Get Your Lawsuit Loan Now   Best Lawsuit Loan Companies

Read More