22 Dec Lawsuit Loans – How To Get The Best Deal
If you are considering a lawsuit loan as an option to help with your financial situation, then it is important that you know what pre-settlement is and how the process works. This will help give you a better idea of whether or not this type of financing would be beneficial for your current situation. Pre-settlement loans come in many different forms and there are some requirements that need to be met before they can be obtained.
Here at Certified Legal Funding, we specialize in helping plaintiffs regain their financial freedom while waiting for their settlement. Below we will discuss these requirements so that you can make the best decision possible when it comes to getting a lawsuit loan!
What are the requirements for lawsuit loans?
The requirements that need to be met before receiving a pre-settlement loan are the following.
Usually, you will have to have already filed your claim with an insurance company or in civil court. It is important when it comes time for applying for one of these loans that you do not wait until after your case has been settled because this could lead to some problems and delays with receiving your money. You should also make sure that all applicable paperwork has been completed by both parties involved in the case so there are no holds on processing it at any point during settlement negotiations.
Before being approved for a lawsuit cash advance, most lenders will ask what type of compensation they can expect from their claims. Be prepared to answer these questions as accurately as possible. If you are not 100% sure about the amount of money that you will be receiving from your case, then it is best to say so because this information could affect whether or not they decide to approve you for a pre-settlement loan.
The process at Certified Legal Funding
Here at Certified Legal Funding, we wanted to make sure the process is as simple as possible, which is why we try to sort all of those questions with your personal injury attorney. With as little involvement in the process on your side as possible, you can focus on recovering while we work with your attorney on getting you the money you need.
We are here to answer all your questions.
Typically, these types of loans can be an excellent option depending on how much time has passed since being injured in an accident versus the settlement negotiations taking place between both parties involved.
Now that you have a general understanding of what pre-settlement is and the requirements involved in order to get a lawsuit loan, you can make an informed decision about whether or not this type of financing is right for you. And if at any time during the process you feel uncomfortable or unsure, be sure to speak up and get more information from our friendly personnel! This is your financial future we’re talking about after all – so don’t rush into anything! You have nothing to lose and everything to gain by being as informed as possible about your legal options.
For more information on pre-settlement loans, visit our website or give us a call today! We would be happy to answer any of your questions and help you find the best solution for your individual needs. Remember, there is no obligation to borrow money if it doesn’t feel right – so always take the time to make an informed decision before signing anything! Give us a call at 800- 922-7439 toll-free and we will be more than happy to answer all of your questions or help you apply over the phone without leaving your home.