Pre Settlement Loan
A pre-settlement loan, otherwise known as a lawsuit loan, is money that you receive as an advance against a current lawsuit. Pre settlement funding is needed when someone is involved in an active lawsuit and needs money immediately. Our company will perform a review of your case, and if your case qualifies, you will receive a cash advance against your lawsuit. The beauty of our service is that it is provided to you without any risk. You will get the money that you need, and you pay us back only if your lawsuit is successful. If your lawsuit is not successful for any reason, then we will take the loss and you will not have to pay us back. We have developed this policy to help those people who are under great financial distress so that they can have peace of mind knowing that they will not have to incur further financial liability.
Although every lawsuit funding company has its own policies regarding how and when you have to pay them back, here is how our policy works: You will receive money for your expenses while your attorney is working on your case. If your case is successful, then you will repay us, plus interest. If your case fails, then you do not have to repay us at all. You get to keep all the benefits that you received.
Our mission is to empower everyday plaintiffs who do not have the capital to fight in a lawsuit. We provide them with the money that they need so that they can continue on with their lives. This way, they can wait patiently as their attorney builds a case to receive the maximum amount of compensation.
There are many advantages to receiving pre settlement funding. One rather obvious advantage is that you will not be pressured by your expenses. Building a great case and litigating it can take years; it is very unlikely that you will receive a fair and just settlement within weeks after your claim arises. When you are not working and have no savings, you will not be able to pay for your expenses. You have many expenses. If you rent, then your landlord will want their money. If you own, you may have mortgage payments. If you do not pay these, you may face foreclosure proceedings. You have grocery to buy, electricity bills, cell phone bills, and transportation costs. If you have children, they have expenses too. All of these expenses cause a lot of pressure and stress, and they force you to settle early.
The problem with settling early is that you will not receive the full value that your case deserves. For instance, if your case is worth $400,000, if you settle early you may only receive $40,000 or 10% of the actual value of your case. Insurance companies are aware that you are facing significant financial pressure, and they take advantage of this fact by offering a low ball amount that does not even begin to compensate you for the damages that you have suffered. They know that you need the money immediately. They know a lawsuit takes a long time. It is their goal to force you to settle quickly due to these pressures. They do not want you to file a lawsuit and get the full value of your case that you deserve.
We believe it is not fair for insurance companies to take advantage of you and force you to settle early. To help plaintiffs fight the insurance companies and receive a much higher settlement, we will let them borrow the money that they need. Meanwhile, the personal injury attorney, workers compensation attorney, or whoever is working on the case can take their time and build a great case. If your attorneys take their time to build a solid case and file a lawsuit instead of settling early, they are far more likely to get the full amount that your case truly deserves.
Therefore, we offer non-recourse funding to all plaintiffs who have a legitimate and viable lawsuit. The lawsuit could be in any field. It could be a personal injury lawsuit, a workers compensation lawsuit, a copyright infringement lawsuit, or any other kind of lawsuit. The funding is provided to you without financial risk to you. If your lawsuit is successful and you receive money at the end, we will get repaid our principal, plus interest. If your lawsuit is not successful for any reason, then you get to keep all the money that you borrowed. You will not have to pay us back. We believe this is a reasonable and fair policy for all parties because when you are going through a lawsuit, you cannot afford to pay any more financial risks. A much better solution is to let the plaintiffs borrow the money that they need on a non-recourse basis, meaning they do not have to pay it back if their case is lost.
How to Apply
We have made the application process extremely simple and streamlined. We do all the work so you can sit back and relax, because we undestand that you have already been through enough with the complexities of your lawsuit. Simply call us toll free, or complete the application form on this (located above.) We will ask a few simple questions regarding your case, like what happened and where it happened. If you have an attorney, we will request all the documentation pertaining your case and review those as well. If we believe you have a good case, we will send you the money within 24 hours. We have many convenient ways of sending you money. We can mail you a check (overnight delivery available), or wire transfer it, or you can pick it up from many of our convenient locations across the country.