19 Feb 4 things every good legal funding company offers
People who have been in a personal injury litigation process know how stressful it can be, especially if you’re struggling with the bills you have to pay for things like rent, mortgage, and medical expenses.
But if you’re stressed financially, you may want to consider contacting a legal funding company. And since it’s always a good idea to do some research before deciding which one you’ll use, there are four traits that every good lawsuit funding company should have: well-referred, easy to work with, fast response time, and transparent.
Funding companies provide pre-settlement cash advances to people who are involved in a personal injury litigation process and are waiting for their case to settle.
Fortunately, finding a good and reputable funding company doesn’t have to be hard, especially if you’re referred by a friend or family member who used them in the past.
Plus, since we are lucky to be living in the age of information technology and have so many website searches and reviews at our fingertips, it shouldn’t be difficult to find references about funding companies online.
Lastly, when it comes to finding the right lawsuit funding company for you and your case, one of the best things you can do is talk to your personal injury attorney. And since many lawyers have worked with different lawsuit funding companies over the years, they’ll probably suggest one that fits your case the best.
Easy to work with
When you’re involved in a personal injury case, what you usually need more than anything is support.
Thankfully, one of the ways you know you’re dealing with a good funding company is that their employees are nice, responsive, and always ready to help you by answering any questions you may have. They will always be at your disposal and do everything for you to feel safe and satisfied.
Fast response time
If you lost your job due to your accident, you’re probably stressing out about mounting debt and how you’re going to support your family. However, with a stellar lawsuit funding company, those fears should be erased from your mind because they should quickly be responding to your inquiry and quickly providing your cash advance. If they’re not, they’re probably not worth your time.
If this is your first time dealing with a lawsuit funding company, you may have no idea how the process works.
Basically, legal funding companies provide non-recourse money to the plaintiff while he/she is waiting for their case to settle in court. The pre-settlement cash advance you receive can be used for any purpose you want, and you only pay the company back when and if you win your case.
Because of the confusing legal process, another important trait of a good funding company is its transparency and honesty. While you’re researching, you’ll know you found a good one if they speak openly to you about liability issues, any obstacles, fees, terms and conditions and answer any questions you may have. What’s more, their procedures and required documentation should be simple and straightforward because not everyone understands the legal language.
If you need a respectable funding company to handle your personal injury case and give you your pre-settlement cash advance quickly, then feel free to contact the experts at Certified Legal Funding. We’re well-referred, easy to work with, have fast response time, and are transparent. Call us today at 800-922-7439!