Pre-Settlement Funding Helps You Avoid Waiting on Insurance Companies to Settle

If you have been injured in an accident and filed suit, you may find yourself waiting for a long time before the insurance companies settle.  Pre-settlement funding allows you to get the money you need now, so that you can pay your bills and other debts that continue to pile up.  Litigation financing companies offer these lawsuit loans to those whose case merits funding.

Right now you may be thinking “But I can’t afford another monthly payment!”  That is the beauty of litigation funding.  You get the money you need in advance, and do not pay it back until your case reaches settlement.  This allows you to pay medical expenses, attorney fees, monthly household bills and other obligations while waiting for your lawsuit to finalize.  Lawsuit loans are the salvation of many personal injury plaintiffs who find themselves getting deeper and deeper in debt as their case proceeds.

Pre-settlement funding is offered by litigation financing companies as a solution for your debt.  In the event that you do not win your lawsuit, there is absolutely no recourse.  You owe nothing at all.  How can these companies afford to do this?  They review the details of your case prior to loaning you the money, so they are quite certain that you will win based on the merits of your lawsuit.

If you were injured due to the negligence of a large corporation or company, you may find yourself in for a long drawn out process.  These companies often have substantial financial backing, and will prolong the case for as long as possible.  Why?  They realize that you will likely run out of money, and settle for less than you deserve.  Lawsuit loans help you prevent this from happening, so that you can get every last cent you deserve.

Your attorney can advise you on the benefits of pre-settlement funding, and how it may be a solution for you.  The process is very simple, and requires only the documentation pertaining to your lawsuit.  It will be reviewed that same day, so that you know quickly if you are approved.  If so, you get your money by the next day, and often that same day!  Lawsuit loans may not be right for everyone, but they have saved many plaintiffs from financial devastation while they pursue their case.  Learn more about litigation funding, and how it may benefit you.