Being a victim of a personal injury lawsuit can be quite a life-changing. Bills are piling up and there is no end in sight. But, you do have options while you wait for your case to settle or win. You might think about taking out a risky loan to support yourself while you wait. Think again. With pre-settlement funding, you can receive a no-risk cash advance that will help you pay off your bills and expenses while you are waiting for your settlement. No added risk and no additional financial burdens. So, why haven’t you thought about pre-settlement funding?
Pre-settlement funding offers you certain advantages that a normal loan doesn’t. For example, in the unlikely event that you lose your lawsuit, you don’t have to pay back the cash advance. You only pay if you win.
Wondering how the pre-settlement funding process works? It’s simple: you must be a plaintiff in a personal injury lawsuit that is ready to settle or likely to win in court. The way it works for the legal funding company is that they use your settlement as collateral. You are then able to collect a percentage of your settlement ahead of time so that you can use it to stay afloat. That money can be used for anything you want or need.
Your typical loan won’t be as easy and stress-free. Regular loans require that you offer up collateral, pry open your credit history, and come down on you if you are having money problems. Why deal with that hassle when pre-settlement funding can be the solution you are looking for.
If you are interested in pre-settlement funding, then you must speak with your lawyer about it. Once your lawyer, who must be on a contingency, agrees then you can apply for a pre-settlement cash advance, the legal funding company will do its homework to evaluate if your case is likely to win or settle. When everything checks out, you will receive your money and be able to do as you please.
Remember win or lose, you’ll come out on top. As previously mentioned, if you lose your lawsuit, you don’t have to pay the cash advance back. If you win, then you pay back the amount plus interest and fees.
Make sure you receive the money that should be awarded to you by calling us at 1-800-922-7439 today. We are available 24/7 because we know the world doesn’t stop for anybody. So, let CLF have your back!