Different Lawsuit Loan Companies

There is little question that if you are applying for a lawsuit loan against your pending case, you are in desperate need of immediate cash. While some companies within the legal financing industry provide services to plaintiffs not all will provide the same options. Understanding your lawsuit loan options is important, but understanding which company puts you in the best position of affording you an approval at a better rate is essential.

When a company makes an offer to you they are confident you are going to win your lawsuit. Lawsuit loan companies only invest in those cases that they believe are winners. If they believe with some certainty that you are going to lose your case, or compensation is not in the near future, most will take a pass and move onto the next client.

While the majority of companies within the legal financing markets take on personal injury cases, not all take on the same types of cases at the same phase of the case. There are some companies that will only approve cases that are about to reach a settlement or have already been settled. Some companies want to see a settlement offer before approving a client. These types of companies are very conservative and are only looking for the very best investments.

There are other companies that will invest in cases regardless of the case type and the stages of the case. These companies tend to be more flexible and willing to advance a few dollars against most cases, even if the risk outweighs the confidence level of the underwriter.

There is no question that different lawsuit loan companies will invest their money based upon how much money they have in their fund. The companies nearing investment threshold may be more conservative while waiting for additional rounds of funding from their investors. Funds that are new to the industry tend to be more aggressive and willing to take additional risks.

It’s important no matter whom you apply with you are working with a company that has the capital to invest in your case and willing to make a quick decision on an approval. This company should also be willing to provide you with a fair rate based upon their underwriting processes. If you have an exceptional case with little risk, the company should be willing to extend their best rates on your case.

If you are considering a lawsuit settlement loan against your case, we want to work for you. We have an exceptional reputation of getting cases approved in the fraction of the time it takes other companies to approve similar cases. If you are interested in working with a leader within the litigation financing markets, begin by applying online today.

Posted in Blog | Leave a comment

What is Your Plan

Are you planning ahead or just waiting for the right settlement offer? A person that is going through a personal injury lawsuit may be considering their alternatives. When a person is involved in an accident they take on the burden of having to come out of pocket to pay for their medical expenses, supplement loss of wages, and make repairs to property damages if any. This is even before they know what the insurance company is willing to offer. The times of getting a fair offer the first time from the insurance company, is long gone. While some companies may consider a fair settlement offer the first time, it’s quite likely they will come in much lower in hopes the plaintiff will accept the offer.

It’s unfortunate for those people that are depending on a fair settlement offer just to cover their expenses from an accident. A victim may use thousands of dollars they don’t have to pay for expenses directly related to someone else’s negligence or wrongdoing. While we all believe fair compensation is the least of what is owed to us, it’s quite the opposite.

Insurance companies make billions of dollars a year off the backs of victims. They understand the longer they make a person wait, the likelihood of a smaller settlement increases. This is mainly because people are financially struggling to make ends meat and are oftentimes forced into earlier and less fair settlements.

If you are in an unfortunate position of being forced to settle earlier for nickels on the dollar, a lawsuit loan may be a better option. A lawsuit loan may help a person wait for a larger settlement. It can help pay off bills and provide some income while waiting for a fair settlement offer from the insurance company. If you are considering a lawsuit loan against your case, contact us today. We provide services throughout the United States.

Posted in Blog | Leave a comment

Pending Lawsuit Loan

A pending lawsuit loan is an advance given to a plaintiff before a legal settlement or verdict in a legal proceeding. Pending lawsuit loans are provided to a client based upon the type of case and merits of a case. These types of advances are provided by investors with an understanding if the client loses their case, they don’t have to repay the loan. If you looking at a lawsuit loan option against a pending lawsuit, contact us today.

When a person is going through the litigation process or trying to reach a settlement with the defense, they can borrow money against their lawsuit. When a person is approved for a pending lawsuit loan they will agree to pay back the money only when compensation is awarded. When the person wins their case the first party to receive compensation from the case is always the attorney. The attorney will always receive payment before the lender and the plaintiff. After the attorney receives his share of the proceeds the lender will receive payment agreed upon in the contract. The remainder of the money goes to the plaintiff.

The difference between pending lawsuit loans and post settlement loans is money is borrowed before and not after the case matures. Because the investor takes the risk of lending against an uncertain outcome they will generally charge a higher for pending lawsuit loans compared to post settlement loans.

We provide services related to both pending and post settled claims. If you are involved in a personal injury lawsuit and considering pending legal funding, contact us today. We provide an array of options for clients located throughout the United States. If you are interested in receiving money before your case reaches a settlement and agree to using your case as collateral against a pending lawsuit loan, contact us today.

We provide services throughout the United States and Canada: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio,  Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.

Posted in Blog | Leave a comment

Pre Lawsuit Loan

A pre lawsuit loan is not a standard type of advance or loan. Pre lawsuit loans are cash advances made to a plaintiff against an uncertain outcome. If a person is involved in a lawsuit that was recently filed or going through the litigation stages, they can borrow against the future or expected award from the case. Because there is never a guarantee of a settlement or positive verdict to the plaintiff, this type of funding is offered on a contingent basis.

Very similar to how an attorney may charge for his or her service, pre lawsuit loans are handled the same way. When an attorney is hired on a contingency fee basis, they are taking the case with the notion if the claimant isn’t successful in winning compensation, they won’t be compensated at the end of the case. Pre lawsuit loans are handled the same way; if a person borrows against their suit and the defense prevails, the lender loses the investment.

Pre lawsuit loans provide the borrower money before a settlement. There are many reasons why a person may consider a pre lawsuit loan. An individual may need cash to pay for their medical bills or living expenses. We have some clients that borrow against their suit because they are afraid they may lose their case and get nothing. If a person’s claim is large enough they may use the money to put a down payment on a house, or the purchase of a vacation home. While some people believe pre lawsuit loans are used for litigation costs such as legal fees or litigation costs, it’s quite the contrary.

The most common types of pre lawsuit loans are against personal injury cases. These are the cases which a person was injured in an accident and filing a lawsuit against the other person’s insurance company. These accidents may include car accidents, slip and falls and wrongful death suits. Whatever the case may be, if you’ve been involved in an accident resulting in another person’s negligence, you may qualify for a pre lawsuit loan.

If you are considering a lawsuit loan against your case, begin by applying online today.

We provide pre lawsuit loans throughout the United States: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio,  Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.

Posted in Blog | Leave a comment

Accident Victims

If you are an accident victim perhaps you are unsure of your options. You have the option of hiring a personal injury lawyer or handling the matter on your own. If you hired a lawyer to handle an accident claim, you may also have the option of receiving a lawsuit loan against your case. A lawsuit loan also referred to as a settlement loan, is non recourse funding against a pending or settled claim. This means you only pay back the advance if you win your case.

Accident victims can secure settlement loans against a variety of different types of accidents at any stage of the process. Whether you have recently hired an attorney, considering a settlement offer, or have already settled your claim, you can receive a legal loan against your suit.

A person that is involved in an accident has the right to seek compensation for their injuries and lost wages. In fact a person may seek compensation for their medical expenses, lost wages, loss of consortium, pain and suffering, out of pocket expenses, and other related costs directly related to the accident.

Accident victims may wait months or years before a settlement or verdict is ever reached. This is because insurance companies can prolong a case in hopes a claimant will settle for less. In some case these tactics work because the claimant has no other alternative. They are forced to settle for less without waiting for a fairer and more suitable offer.

If you are currently considering a smaller settlement because you have no other financial alternatives, contact us today for a lawsuit loan. We provide lawsuit loans throughout the United States. We can provide accident victims with funding against cases that are pending and others that are already settled. If you are interested in receiving money against your settlement through a lawsuit cash advance, apply online today.

Providing lawsuit funding throughout the United States: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia D.C.

Posted in Blog | Leave a comment