14 Jun Top benefits of pre-settlement funding
One of the reasons why many people give up on pursuing their personal injury lawsuits is that they don’t have enough financial backup. However, people shouldn’t worry too much about this because there is always a solution. All you need to do is decide to apply for pre-settlement lawsuit funding which has become extremely popular. It’s possible that some people don’t know much about personal injury pre-settlement funding and the options it provides to after they’ve sustained injuries in an accident.
Today, there are many pre-settlement funding companies that will help you in the form of the cash advance. These loans you receive aren’t the same loans you can get in a bank because if you don’t win the case, you don’t have to pay anything back to the lawsuit company.
It’s important to mention that if you decide to apply for a lawsuit funding your credit score will have no effect on your application. The only thing that is important in this application is your lawsuit details.
Getting a cash advance will also allow you to hire an experienced lawyer. Not having enough money often leaves you not pursuing your lawsuit or hiring a lawyer that is not a good fit for your case. Having an experienced personal injury lawyer significantly improves your chances of winning the case in the end.
If you opt for a regular bank loan, it can take a long time to get approved and funded. On the other hand, with pre-settlement funding, everything goes much faster. It’s possible to get funded in little as 24 hours from the time you submit your application.
Once your cash advance gets approved you will receive the money and you are free to use the money however you want. Whatever your needs are at that moment, you have all the freedom to use the money for them.
We, here at Certified Legal Funding are aware of the hard times plaintiffs may have after they’ve been in a personal injury accident. Certain claims may take a long time (several months and sometimes years) to reach a conclusion. While attorneys may cover all or some of the legal expenses associated with your case, you must still have enough money to cover medical or other living expenses as mentioned above. Our advances may be used for any purpose including living expenses, medical bills, education, mortgage or rent payments, car loan payments, etc. and may provide the financial security necessary to resist the temptation to accept unreasonably low settlement offers and to ultimately achieve a more favorable resolution of your case. Call us today at 800 922-7439!