Auto accidents are the number one cause of personal injuries in the U.S., causing both physical and financial strain to a victim and his/her family. Yet, insurance companies, those that happily take policyholder’s premiums, will use deny, delay, and defend tactics in hopes that the victim will accept a low settlement offer. Victims may consider filing a personal injury lawsuit. With the help of an experienced personal injury attorney, plaintiffs will, in most circumstances, substantially increase the likelihood of success and the amount recoverable in the case. However, the legal process can be long and complex. A settlement won’t be received until the litigation process is completed, which could take months or years. In the meantime, plaintiffs still have to pay bills and meet their financial obligations. This will only add more financial stress. For those living paycheck to paycheck, any offer may be tempting to accept, but pre-settlement litigation funding is usually a better option.
To determine if litigation funding is right for you, consider these questions.
• Are you worried about financial issues resulting from your accident and injuries?
• Are you facing eviction, foreclosure, repossession of your vehicle?
• Are you unable to put food on the table, pay medical expenses or other necessities of life?
• Are you seriously considering settling your valuable case for any amount?
If you answered yes to most or all of these questions, you should investigate litigation funding.
The purpose of litigation funding, a lawsuit cash advance, is to help plaintiffs with unexpected expenses as a result of an auto accident, as well as cover monthly household expenses. Unlike bank loans, litigation funding requires no application fee, no monthly payments, no credit check, and no employment verification. Repayment is made once the case successfully settles. Best of all, it is provided on a non-recourse basis meaning that should you lose your case, the cash advance is waived in its entirety; repayment is completely null and void.
If you are in need of financial assistance during a pending auto accident claim, complete our online application or call our office at 1.866.LIT.FUND. Once received, we will request case documentation from your attorney and make a funding decision within 24 – 48 hours. It really is that simple!