|
You may never have heard of pre-settlement funding. If you want to file a lawsuit but feel that your finances won't hold up, settlement funding may be the answer. This is simply an option to get money in advance, so that you can pay for expenses for the duration of your case. A pre-settlement loan is money that you may qualify for to help you pay for household bills, medical costs and other expenses while your case is being decided. Pre-settlement funding is offered by many companies to people who would otherwise not be able to get the compensation they deserve. Oftentimes, court cases are prolonged over a long period of time. Sometimes this is months, and occasionally it may even take longer. Many people simply don't have the money it would cost to make it financially for this length of time. A settlement loan may be the answer. Although the name implies that this is a loan, it is not. Settlement funding is more of a cash advance. The company pre-determines if you are qualified for the money, and how much it will be. If you win your case, you will pay a percentage of the settlement back to the litigation financing company. This is a previously agreed upon amount. If you lose, you don't pay the settlement loan back. Companies who offer settlement loans normally get the information on your case and contact an attorney to determine if your case merits funding. If you do qualify, this money will enable your lawyer to investigate your case efficiently, which means that you will have an improved chance of winning. Settlement funding can be used for various expenses. If you were injured in an accident or need to file a suit for medical malpractice or workplace injuries, this money can help you pay for all of the costs. Settlement loans can occasionally be used for travel expenses as well, if traveling is required during your trial. It may also be used for repair costs incurred because of your accident. Pre-settlement funding isn't for everyone, but it is certainly an option if you have no other way to file a lawsuit. Many people never get the compensation they justly deserve because their financial situation won't allow them to. Settlement funding will allow you to get what you rightly deserve - payment for your injuries, as well as pain and suffering. Shouldn't you be rewarded for the injustice that has been inflicted on you? Contact a company who provides settlement loans, or your attorney. Don't wait another minute - a solution is available. Joel McLaughlin Learn more about AddisonPSF Read the original article.
Related Articles -
pre-settlement funding, loans, lawsuit loans, finance, funding,
| 
