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SM296252

Personal Injury Lawsuit Funding Enables Plaintiffs to Get Right Settlement

Funding

People who have suffered injuries due to the negligence of other individuals generally find two options for getting the compensation. They can either file a lawsuit in the court, or can make a settlement out of the court. Those who prefer out of court settlement can get the compensation a little earlier, but the settlement amount may be far less than the amount they would have got with the court’s verdict. The main reason of going for this negligible settlement is that the plaintiffs have to go through huge financial burden while waiting for their case to settle in the court.

However, personal injury lawsuit funding is provided by many legal financing companies these days. This litigation fund is given to those who have a pending or on-going lawsuit, allowing them to deal with their numerous expenses such as mortgage or rent, medical fees, legal service charges, and other daily expense.

Know this legal funding solution

Coming under legal finance, personal injury lawsuit funding provides you with the advance cash which you require to fight your case. This legal financial assistance not only helps you reduce your finical pressure, but also diminishes the risk of losing money in future. The lender will take a part of your settlement amount, only if you win the case successfully. You are not accountable to repay any amount, if the case is settled in the favor of the defendant, or the settlement is far less than the borrowed amount. It will assist you in achieving the right settlement without any issue.

Availing this fund

Personal injury lawsuit funding is given in case you have an injury in a traffic accident, slip, fall or any other accident at a construction site, medical malpractice, or product liability, due to the mistake of other people. Whether you are employed somewhere or have your own business, but out of work owing to the incident, you can get this fund. Those having a bad credit or no credit can also avail it, as the lending companies do not perform any credit check. There is an easy application process. Besides this, some lenders also offer the funds without any monthly fees or upfront charges.

Take a note

Before selecting a legal funding company, you must do some online research to get the complete information about various firms who offer such funds. You can explore different services and learn about various features and benefits provided by numerous companies. If you have any confusion about a particular option, then you can contact them through email or making a call. After being sure about all terms and condition and application process, you can select the most suitable funding so as to pursue your lawsuit successfully.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
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SM302955

Easy financial solutions while you fight a settlement case in court

Settlement

Injuries can happen to anyone at any place but adequate compensation is extremely important since the victim has suffered a lot. Serious injuries like spinal cord injury, brain injury, neck and back pain can jeopardize your whole career while smaller ones can render you jobless for months resulting in financial losses. In such cases, you must be adequately compensated so that you can live comfortably. Unfortunately, most of the plaintiffs settle for a smaller amount of money as out of court settlement, which leads to overall financial losses to the victim. Early and inadequate settlement of the lawsuits is mainly due to the plaintiffs not having enough financial solutions for fighting the case for a longer duration.

You are vulnerable to getting an injury while walking on the streets, eating at a restaurant, playing in a sports field, visiting a hospital or simply doing your job at workplace. All such injuries are capable of putting you out of work for many days. Consequently, you suffer financial losses, which must be compensated by the responsible authorities or individuals. However, you must be prepared to spend a lot of money over fighting your case for compensation in a court.

 

Quick funds

Financial solutions as cash advance are quickly accessible to the plaintiffs when they prepare to take the case to the courts for pursuing the claim. The cash advance, also called lawsuit funding, is a simple way of borrowing sufficient money to meet all expenses towards the litigation. You have enough money in hands to not only take care of your litigation expenses but also your family expenditures such as payment of telephone bills, grocery bills and medical bills.

 

Prolong your fight for compensation

One of the biggest advantages of financial solutions to the plaintiffs is that they have enough money in hands for a long-term fighting of the case. Many such cases are settled for a petty amount as compensation as the plaintiff needs money so urgently. Lawsuit funding has already given the plaintiff enough funds to carry the fight in the court until greater amount of claimed money is awarded. Therefore, the cash advance helps in prolonging the duration of fight for the claims.

 

Repay from claims money

However, unlike the routine loans, the cash advance approved for the plaintiff fighting for a claim due to personal injuries, will be repaid only after successfully getting whole of the compensation amount. This clearly means that the plaintiff has no burden of repaying the cash advance. He or she will repay the money back only when getting the claims money. Moreover, in offering the cash advance as financial solutions, the lender will not check credit history, credit rating and credit score of the plaintiff.

The cash advance of greater amount will depend largely on the recommendations made by the plaintiff’s attorney. Nevertheless, you should also note that you would be charged interest on these financial solutions. It is, therefore, necessary to make wise and informed purchasing of cash advance from the lenders when you want entire claims money you deserve.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM90090

Lawsuit Cash Advance Loans: Offering Financial Lifeline to Plaintiffs

Loan

Lawsuit cases are filed by a number of people to get the proper settlement from the defendant. But, most of the plaintiffs are not able to pursue their case, as it takes a very long time to settle while putting a financial strain on them. Though, the options of lawsuit funding are available for the claimants, which enable them to overcome the financial pressure. Lawsuit cash advance loans is one such legal finance solutions offered by litigation funding companies to the people having a pending lawsuit. The received funds can be used to pay the various bills of their daily expenses such as home rent, legal fees, medical bills, utility bills, transportation charges, and more.

 

Understanding this legal loan

In spite of being termed as loan, this legal fund is not a loan, but a kind of non-recourse payment. To get a loan from a bank or financial firm, you have to give your property or valuable assets as collateral to the lender. And if you do not deposit the borrowed money along with interest rate within the stipulated time period, they may seize your assets kept as security. However, when you apply for lawsuit cash advance loans, the lending firm will never ask you for any collateral. The approximate amount of your settlement is treated as collateral and the funds are repaid when the verdict is announced in your favor, and you get the just compensation.

 

Benefits of this legal fund

With lawsuit cash advance loans, you can have a good amount of money before the settlement of your case. There is no verification regarding credit history or employment carried out by the lender. Thus, you can avail this financial assistance even if you have a bad credit or no credit. You need not pay any upfront charges or monthly payments for this fund. If you lose your case or the amount obtained in compensation is not greater than the borrowed funds, then you are not liable to repay it. The funds are paid back to the lender, only after the lawsuit is rightly settled in your favor.

 

Applying for lawsuit cash advance loans

In order to get this lawsuit funding, you have to apply to a reputed litigation funding company, either by visiting them or through their online website. While summiting an online application, you need to give information about your case and the attorney, if you have hired one. The application will be processed and a release form is sent to you regarding acquiring detailed information from your attorney about the lawsuit. Based on the documents submitted by you, the possibility of winning the case is evaluated and the amount of lawsuit funding is decided on the strength of your case.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM302955

How lawsuit settlement funding is useful in fighting your case

Settlement

Minor and serious road accidents, injuries in workplace, injuries while walking in streets etc are common to the people. They suffer from financial losses due to these types of injuries and need to be compensated adequately. However, many of the litigants leave a case just when they get an insignificant amount of money from the defendant.

Often the claims money fails to cover whole of the financial loss due to absence of office work during this period. Most of the plaintiffs leave the legal procedure and settle for a smaller compensation as they have no other source of money. Lawsuit settlement funding has helped such people by timely providing them the financial assistance to take care of their legal and family expenses.

 

Funds free of credit checks

One of the reasons for popularity of lawsuit settlement funding is its hassle-free easy accessibility to the plaintiffs. There are no lengthy procedures to be followed by the applicants of the funds. Besides a short and quick approval process, the fund seekers are pleased to get the cash advance without any credit checks. While approval of the loans comes usually after the lenders have checked an excellent credit history of the borrower, no such checking on the applications is required for the lawsuit funding.

Besides the lenders making no credit checks, the funding for settlement of lawsuit is quickly available without the lender checking the borrowers’ income also. Usual loans are approved only when the borrower is getting a fixed income. But this type of cash advance or funding is available despite your variable income. In fact, the lending company will not ask you to show your income proof.

 

Greater amounts

The only consideration for approval of lawsuit settlement funding is that of your claims the attorney recommends you for the funding. The attorney has full access to your case and he or she can clearly tell that you are worthy of the compensation from the courts. The lender will immediately approve the funds application based on the attorney’s recommendations. However, the amount of funding will depend on lots of factors including the settlement amount you are likely to get as compensation for the injury.

 

Cash advances for family expenses

Lawsuit settlement funding helps you financially in your dire circumstances when no other loan is available to you quickly. While you are fighting the case, paying the legal fees charges, bills for medial treatment, and meeting the family expenditures, your limited savings are under the stress. In such difficult times, the settlement-funding amount from the lenders keeps a steady flow of money. This is especially helpful for your family since you may not be working due to injury.

 

Justified high charges

Some people accuse the lawsuit settlement-funding provider of charging the interest at very high rates. But it can be justified. This type of funding has been helping the people in their dire circumstances and so high interest rates are justified, as the lenders have to cover the risks. Do not forget that in case the plaintiff does not win the case, the lender will not be getting the funds back. The advantages of the funding for the plaintiffs are many than the high interest payment.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM285213

Easy legal settlement funding procedure for quick access to cash advance

Settlement

If you are a victim of a serious accident and suffering monetary losses as you cannot go to work, then taking a legal action against the responsible company or individual is a prudent step. You must be compensated adequately for the financial losses you and your family incurred due to the injuries. Such injuries come in many forms like road accidents, spinal injuries, neck and back pain due to office job and so on. Legal settlement funding comes to your aid when you must have enough cash in hands to prolong the case in a court. The funding helps you in escaping from settling for a smaller amount of claims money because you need it urgently.

However, you need to look for an experienced attorney who specializes in settling the claims cases. The attorney will recommend your case to the lenders for legal settlement funding. The attorney’s help also matters in approval of greater amount of cash advance to the plaintiff. Such timely help will result in delivering of the cash within 48 hours in your hands for its timely use. Note that typical personal claims take many days and even months to settle. Hence, the funding will take care of your family and legal expenses during such long period.

The funding is not typical loan

The settlement funding is all about getting some cash advance from the lending company of your choice. However, this type of funding is different from the usual loans. Whereas the normal loans require the lenders to check credit history and credit rating as well as income variations of the borrowers, no such checks are made for the legal funding. This hastens the funding approval process for timely cash in the plaintiff’s hands. You will repay the funds only when you win the claims money successfully.

Legal settlement funding is of great and timely help to the people whose financial position is not enough to carry the long legal procedures for many months. The funding is also a way to bring the plaintiff and defendant at a level playing field. In fact, such pre settlement loans have been instrumental in paying for the thousands of medical procedures per year.

Services of claims attorney matter

Nevertheless, make it sure that you get services of an experienced attorney only. The attorney must be available to you right from the start of the legal procedures so that you take the steps towards the litigation carefully. It is now an established fact that experienced attorney helps also in approval of greater claims money and not just a partial amount. You must claim money that not only repays your legal settlement-funding amount completely but also the interest payments as well. You must also have good amount of claims in hands as you were out of work for a long period. So, hire an attorney who knows how to ensure funding and winning the case for you.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM302955

Demystifying Lawsuit Cash Advance Loans

Loan

Lawsuit cash advance loans is a steadily growing segment within the American financial industry accounting for over $100 million worth of business every year. Though this segment is just about 2 decades old, the growth has been impressive. While pitched battles are being waged by lobbyists in different states across the U.S., the growth of the segment perhaps substantiates its need for the litigants. 2013 in particular has received plenty of negative attention to lawsuit cash advance loans. However, it could be a very generalized perception that the litigants who opt for lawsuit advance are unaware of the financial consequences of their action. A primary reason that makes lawsuit advance attractive for the litigants is that they come without the usual constraints like credit check or income verification.

Why Lenders Charge More on Lawsuit Advance

The widespread complaint from the lobbyists and support groups is that the lawsuit cash advance companies charge astronomical interest rates. In practice however, this could only be partially true because if you, as a borrower/litigant choose your lawsuit advance company wisely, you have the ability to know the precise cost of the borrowing upfront. The onus of asking for and having complete knowledge of all conditions governing the lawsuit advance squarely rests on the litigant/borrower. After all, the borrower is required to sign an agreement and it is his/her duty to read the fine print and understand its contents. Borrowers should also appreciate that lawsuit advance companies are a business and they are entitled to make a profit. Also remember that in the unfortunate event of the borrower losing his lawsuit, the lawsuit advance company loses the entire advance in terms of the agreement.

Lawsuit Advance to Meet Your Routine Family Needs

You have suffered from a motor accident or workplace injury and your earnings have been compromised. Add to this, a stiff medical expense and there is a serious threat to your savings. This is the perfect situation in which a lawsuit advance comes to your aid. Raising a loan from other sources is not a cake walk because your credit scores are sagging and most lenders would not approve a loan for you. Thankfully, the lawsuit advance companies are willing to lend some money, often between $500 and $5,000 depending on the specific circumstances of your law suit without a credit check or income verification.

Using Lawsuit Advance with Diligence

Injudicious use of all forms of credit can hurt the borrower and this is true of lawsuit advance too. Even when a lender is willing to advance $10,000 should you borrow all that if your immediate need is pegged at about $1,000. The litigant/borrower is expected to take a conscious decision pegging his borrowing at least one notch below the immediate needs. This will prevent the overwhelming accusation that lawsuit advance companies are working against the interests of the litigants and that the borrowers will be left with hardly any money even on the face of a decent award by the courts. If the borrower/litigant has a clear understanding of the numbers, there is no way that a lender can twist the tale.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

SM296252

The Role of Litigation Funding Companies

Funding

Litigation funding companies are financial businesses that lend money exclusively to plaintiffs prosecuting a litigation to recover financial claims. Litigation funding is generally associated with personal injury claims arising our of motor accidents, wrongful deaths, legal/medical malpractice, work place accidents, product liability or other forms of negligence etc. Litigation funding may not therefore be available for every type of litigation.

Why Litigation Funding

The earliest settlement in an auto accident lawsuit tends to be anywhere upward of 1 year. The average however is between 18 and 24 months and the plaintiff has to find money for legal fees in addition to all the sufferings he is undergoing. Insurance carriers/assessors in the meantime will continuously persuade the plaintiff to settle for amounts way below what a court could possibly award considering the circumstances of the accident and the party at fault. But, when you are really fighting it hard to balance between possible loss of earnings, mounting medical expenses and dwindling savings, you opt for a settlement rather than being haunted by credit card companies and other debtors.

Litigation funding comes to your succor in such situations by lending you some money in the nature of a cash advance taking your attorney’s assessment of the lawsuit as the only collateral. No credit check or income verification is necessary for litigation funding companies to approve your loan. Further, in the extreme event of the opposite party winning the law suit, you are not obliged to pay back your loan.

Making Litigation Funding Easy for You

Your attorney’s assessment of the law suit impacts the approval of cash advance by litigation funding companies. Therefore, if you have opted to prosecute the case on your own, you may find it difficult to provide an impressive assessment of the law suit. That brings into focus the need to appoint a competent attorney to prosecute the case in the first instance. Experience shows that plaintiffs who chose this route have received significantly higher awards compared to those who fought their own suits.

On the flip side, the litigation funding companies are at a higher risk lending against a possible settlement. Remember, if you lose, you don’t repay the cash advance. Most other forms of cash advances are fully secured through a wide range of collaterals depending on the type and size of the loan. These lenders are therefore happy to charge you affordable rates of interest. Litigation funding companies on the other hand may charge you more because of the inherent risk in the business. You should expect to pay close to 3% per month or more for cash advances made by litigation funding companies.

Keeping it to the Minimum

The focus of most litigation funding companies is on loans between $500 and $5,000. Higher amounts may be possible in exceptional situations though. One way you can benefit from litigation funding without the overwhelming costs is by keeping the cash advance a tad lower than what you really need.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

SM295524

Guide to Law Suit Funding Solutions

Funding

Lawsuit funding is a form of cash advance available to plaintiffs pursuing a personal injury claim. On his/her part, the plaintiff undertakes to repay the loan when the settlement is received with the understanding that interest will be charged for the interval between loan disbursal and repayment consequent to the claim settlement. An added advantage to the plaintiff is that lawsuit funding is not dependent on credit scores or income verification. This way, the victims have better control over their personal finances till such time the claim is finally settled.

Why You Should Choose Law Suit Settlement Funding

You are not looking at a windfall gain from law suit settlement funding. Conversely, it helps you tide over those routine financial hurdles like auto loan repayments, credit card payments and similar bills that keep coming in at regular bills irrespective of the overwhelming situation that you are in. A typical personal injury claim can take up to 24 months before an expected pay out reaches your bank. Depending on the extent of injury you could be out of work or working part time leading to poor cash flow. In such situations, many victims resort to more expensive loans like payday loans out of sheer ignorance of a more affordable option before them.

Your Advantages

The major advantages that flow to you from law suit funding are the absence of credit check and repayment obligations. That is right! When law suit funding companies approve a loan to you, your repayment obligation is linked to the settlement of your claim. Thus, for any reason, if the other party wins the suit, you do not repay anything to the law suit funding company. Remember though that your attorney’s assessment will be crucial in determining the approval of your loan as well as the quantum. This could turn out to be tricky for victims who opt to prosecute their own case. Most law suit funding companies focus on loans ranging between $500 and $5,000. However, depending on individual circumstances, higher sums of money may be advanced taking into consideration your attorney’s assessment supporting a significantly higher payout.

Being an Informed Borrower

 

When you consider law suit funding, it is essential that you position yourself as an informed borrower. Find quality time to research your options and prepare a set of questions that you should ask the law suit funding companies. Remember that law suit funding is not a philanthropic activity. Law suit settlement funding is a business and you should expect to pay more than the usual interest charges. Though you do not have any immediate repayment obligations, it is essential to know the cost at which the lawsuit loans are approved. Often times, your attorney can recommend a competent law suit funding solutions in your neighborhood though the final choice is entirely in your hands. Finally, law suit funding solutions are expensive and you should expect to pay between 2 and 3% per month in the least towards interest charges. One way you can reduce the impact is by pegging the borrowing one notch below your actual needs.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

SM285213

Guide to Pre Settlement Funding

Funding

Pre settlement funding is among the options you should consider if you have been waiting for settlement of your law suit arising from a serious road accident. If the consequences of the accident have financially crippled you and the mounting bills are bothering you, personal injury loans can come to your aid. It is important however that you find an experienced attorney specializing in personal injury claims to prosecute the case. Though the attorney does not lend you the money, he can help you find a pre settlement funding company to work with you. Often times, the pre settlement loan can put the vital cash in your hands in less than 48 hours. Typically, personal injury claims take long time to settle because of the hurdles in arraying evidence against the driver at fault. When the victim has also been disabled from pursuing his/her occupation, the financial impact becomes overwhelming.

Pre Settlement Loan

Pre settlement refers to the time lag between lodging a claim and the pronouncement of a judgment or settlement agreement. A cash advance against the expected settlement is termed as pre settlement loan. The usual practice of income verification and credit checks are absent with the pre settlement loan and what is more, you are at liberty to use the cash in any manner you wish to. A major advantage with the pre settlement loan is that if for any reason, you lose the law suit, you are not obliged to make repayment against the loan. Remember though that your attorney’s assessment of the strength of the suit will be the guiding force for approval of the loan. Within the U.S.A alone, close to 900,000 legal cases remain n the pre settlement state at any given point of time. Most of the pre settlement funding is handled by the top six companies in the business.

How Pre Settlement Loans Work

During the pre settlement phase of a legal claim, the plaintiff is made appropriate offers by the insurance carrier/adjuster in pursuit of a claim settlement. In turn, with the participation of pre settlement funding companies, the defendant and the plaintiff get a level playing field. Over 20,000 medical procedures are paid for every year through this method and without the pre settlement funding such payments would not have been possible. This should also work as a serious reminder of the consequences of road accidents and the pain it delivers on the family of the victim. From a legal perspective too, pre settlement funding helps in building a stronger case for the plaintiff. The mental, physical and financial agony suffered by the plaintiff can be more effectively presented when a pre settlement loan funds the medical procedure. This is however possible only when you have hired a competent attorney to represent your personal injury claim. Statistic reveal that victims who chose to work with an experienced attorney often times receives significantly higher compensation than those who prosecute the law suit in person. With the attorney’s assessment of the claim taking the top spot in deciding pre settlement loans, finding a competent attorney in your neighborhood should never be a problem.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google

 

SM90090

Guide to Structured Settlements

Settlement

For law suit cash advances under a structured settlement, generally in the context of personal injury claims arising out of road accidents, an insurance company enters an agreement to pay a predetermined sum of money to the claimant for a fixed duration of time. An annuity policy, a Court order (when the claimant is minor) an annuity application, qualified assignment, and an agreement between the parties are among the essential documents for structured settlements.

Structured settlements can be offered as a one time lump sum payment, equal installments, or varying installments as determined by the agreement. The contract guarantees such payments and is exempt from income-tax as law suit cash advances. The credentials of the annuity provider assume great importance since structured settlements are generally spread over several years.

The agreement entered under structured settlements signifies the interval between payments. Considering the date on which the payment should start, the individual beneficiary will take into account the age, monthly expenses, retirement plans and occupational hazards. It is important to know that the payment structure should remain unaltered once an agreement has been reached so that the beneficiary can enjoy the income-tax benefits. The obligations under a structured settlement can be transferred to a third party by the insurer. However, when a law suit cash advance is made to an estate, such payments can be subjected to estate tax, while being exempt from income-tax.

Structured Settlement Loans

Settlement cash advance under structured settlement loans represents a collateral wherein you guarantee repayments through a designated number of future payments. In some situations you may also be required to guarantee settlement cash advance through other assets belonging to you. However, if your settlement payments hit a roadblock, you would need to find independent means of repaying the settlement cash advance. If for any reason, you fail to meet the repayment commitments; your debt will increase and impact the credit score. The legal protection available when selling structured settlement is different from the provisions under settlement cash advance. Selling a structured settlement however does not add to your debt.

Structured Settlement Companies

When you are focused on raising lump sum cash from a structured settlement, obviously you need the best possible cash for settlement. Spending quality time to research various settlement companies and positioning yourself as an informed litigant will be of significant help in maximizing your gains. Various websites on the subject provide reviews and references and you should not hesitate speaking to someone who has had experience with the company you choose to work with. Hurrying through your decision could potentially work against your interests. When you are not looking to sell your structured settlement, be firm and never give in to enticements. Having gained enough knowledge from the internet, list out a series of questions and work with only those companies that are willing to answer all your questions. When the answers are not convincing or when some companies are not willing to answer your questions, you are better off turning to another structured settlement company to work with you on cash for settlement.

 

Call Us Today 866-WE-FUND-U / 866.933.8638

 

About the author
Michael Smith is the Customer Experience Director at 911 Lawsuit Loans LLC and is responsible for client relations throughout the funding.
Author:Mike Smith
Google