Experiencing an injury can be a devastating time. From seeking medical treatment, to dealing with insurance companies and managing finances while being out of work, the road to physical recovery can be long. Waiting for your personal injury case to settle can be challenging, but lawsuit loans were specifically designed to provide you assistance when you truly need it. Getting a pre-settlement cash advance can help you regain your financial independence while you wait for your case to settle by giving you the resources you need to pay for medical bills and other living expenses.
Traditional bank loans are often impossible to obtain when you are out of work. With a cash advance, the process is simple. Once you apply, your case will be reviewed and for approval. Shortly after approval, usually within 24 hours, your pre-settlement cash advance will be funded. Cash advances range from $500 to $100,000, based on your individual case. Best of all, many lawsuit cash advances are 100% risk free. This means that if you lose your case, you’ll owe nothing, and you can keep the money at no charge.
How do you qualify for a cash advance? It’s easy:
- You have a pending personal injury case.
- You have hired an attorney.
- You are at least 18 years old.
Do You Have a Pending Personal Injury Case?
Lawsuit funding companies approve funding for the vast majority of personal injury cases, from medical malpractice to assault and battery cases. Auto accident cases are one of the most common types of personal injury cases funded with cash advances. Unfortunately, these cases can take two to three years to settle. During that time period, you may incur many expenses, including vehicle repair or replacement, medical treatment, and living expenses if you are unable to work. Lawsuit funding underwriters are often able to approve your pre-settlement loan in as little as 24 hours, giving you financial peace of mind while you wait for your case to close.
If you have any of the following injuries due to an auto accident, you likely qualify for funding:
- Soft tissue injuries
- Head injuries
- Chest injuries
- Scrapes and cuts
- Arm or leg injuries
- Head or neck injuries
Injuries due to the negligent upkeep of property are unfortunately quite common. Whether you slip at a shopping mall or fall in a parking lot, you may want to consider pre-settlement funding to offset immediate costs. A large majority of premises liability cases settle out of court. Don’t let financial burdens force you to settle too soon, for much less than you deserve. Funding amounts are determined by the following factors:
- Severity of injuries sustained
- Extent of insurance coverage
- Evidence of negligence
Have You Hired a Personal Injury Attorney?
You must be working with an attorney on a contingency basis to qualify for a lawsuit cash advance. The application and approval process is simple, but the information provided by your attorney is an important part of the process. With the information provided by your attorney, most lawsuit funding underwriters are typically able to review, approve, and fund your cash advance within 24 hours! A simple phone call with your lawyer is usually all that is needed to approve your case, however, additional basic documentation is sometimes necessary. To ensure a quick approval, it is best to let your lawyer know that you are working with a lawsuit funding provider. This way, they can be ready with the appropriate information when they receive a call.
In some instances, personal injury lawyers have tried to dissuade clients from getting a cash advance. They may suggest that you let the case run its course, or to be more patient as you wait for your settlement. The truth is, only you know your true financial need during this challenging time. They may also state that they are simply too busy to provide your case information to your cash advance lender. However, the process is simple and straightforward for everyone involved. Let your attorney know that a bit of basic documentation and a quick phone call is all that is needed. It really is that easy.
Are You Old Enough to Qualify?
You must be 18 years of age or older to qualify for pre-settlement funding. However, that should be the only personal requirement for a settlement cash advance from a lawsuit funding company. There is no need to see your credit score or verify your employment, and, likewise, you won’t be asked for any additional personal finance information. Unlike traditional banks, the only facts that matter to us are the facts of your pending lawsuit. Most cash advances are used to pay for living expenses and medical bills, but there are often no spending restrictions. The money is yours to spend as you see fit.
Don’t let the pain and frustration of your personal injury case do damage to your finances as well. If you’ve been in an accident or have a pending personal injury case, apply for a pre-settlement cash advance today. With a fast application and approval process, you could have the funding you need now.
About Plaintiff Relief
Since its founding in 2015, Plaintiff Relief’s team of funding professionals have worked to make lawsuit funding a more responsible, client-centered place industry. Our team focuses on three core values:
- Put the client first.
- Do the right thing.
- Give back to the community.