28 Dec How Can Pre-settlement Funding Companies Help You?
If you have been injured in an accident caused by someone else, getting compensated for your injuries may seem simple at first. All you need to do is file a lawsuit, and justice will be served. But lawsuits take longer than most plaintiffs think. The legal process is slow, and the courts are backed up. In the meantime, the expenses and bills keep piling on, forcing plaintiffs to go into debt. That’s why it’s important to hire an experienced legal team like Certified Legal Funding that can help provide financial relief while you wait for your settlement.
If you’re hesitant to get a loan to cover your living expenses and medical bills while waiting to receive your settlement compensation, then personal injury funding may be the right solution. Certified Legal Funding is one of the best pre-settlement funding companies in Tampa, and has provided information about how legal funding can help you.
What is certified funding?
Pre-settlement funding is also known as certified funding, funding for lawsuits, legal finance loans, and personal injury funding. While there are multiple terms, they all refer to the same thing: funds to spend while you wait for your settlement. But remember, a lawsuit loan is not actually a loan. In fact, it’s a cash advance on lawsuit settlement money. Unlike a bank loan, plaintiffs don’t owe money to the legal funding company if they do not win their case.
Legal funding for lawsuits in Tampa can help you regain financial freedom
Since certified funding is not a loan, but an advance on your settlement money, it is yours to spend however you want – even before you win the case. This means you can use the money to pay the mortgage, tuition, medical expenses, other living expenses, or even your car payment.
Settlement funding can help your attorney win the case
Winning a personal injury case can take more time than most people think, and the insurance companies are well aware of it. That’s why some of them will try and drag out the case until the plaintiff feels exhausted, broke, and ready to take any settlement offer that comes their way.
Certified legal funding can help you cover all of your expenses without creating any debt and prevents you from rushing to accept an unfair settlement. At the same time, it will also buy your attorney enough time to negotiate a fair settlement.
Funding for lawsuits isn’t complicated if you use experienced professionals
If you’ve ever applied for a bank loan, you know that the approval process can be daunting. The experienced professionals at Certified Legal Funding know that the last thing you need is endless red tape on top of the personal injury case you’re dealing with. This is why the personal injury attorneys at Certified Legal Funding have kept the application process simple.
There are only two things you need to have in order to apply for pre-settlement funding: a personal injury attorney and a personal injury case. There’s no need for credit score checks. Simply apply online by entering your information and your attorney’s contact details. You can also apply over the phone by calling 800 922-7439. The friendly CLF personnel will guide you through the entire process and answer all of your questions.
Certified funding gets you the money in less than 24 hours
After you discuss the details of your case with your attorney, the CLF team will evaluate your case very quickly to determine if they can secure your money. Once the application is approved, you can access your money in less than 24 hours.