Pre-Settlement Lawsuit Advances for Injured Parties

When Can I Receive a Pre-Settlement Lawsuit Advances?

A personal injury case can instantly transform your life, leaving you to navigate the aftermath of injuries, damages, and potential legal battles. If you’re in the midst of a personal injury lawsuit, you might be grappling with the challenge of covering daily expenses while unable to work. This predicament often places personal injury plaintiffs in a tough spot, torn between fighting for their rightful compensation and managing their financial obligations.

Funding Boss presents a tailored solution for individuals facing such hardships: personal injury lawsuit funding. This innovative financial service is designed to support plaintiffs by providing them with a cash advance to cover essential living expenses during the period they are unable to earn an income. By availing of our lawsuit funding, you gain the breathing room to concentrate on your recovery and legal strategy, without the added pressure of financial distress. Qualifying for this advance can significantly ease your journey towards healing and justice, ensuring that your financial needs are met while you focus on what truly matters: your health and legal claim.

How Do Pre-Settlement Lawsuit Advances work?

Pre-settlement advances offer a financial lifeline to individuals who are in the midst of a legal battle, such as a personal injury lawsuit, and need immediate financial support. This type of funding provides a cash advance against the future settlement or judgment award from your lawsuit. Here’s how it works:

Application and Review: The process begins when you apply for a pre-settlement advance with a funding company. The company then reviews the details of your case, often consulting with your attorney, to assess its strength and the likelihood of a successful outcome.

Approval and Funding: If your application is approved, the funding company will offer you a cash advance. The amount is typically a percentage of the estimated value of your settlement. This advance provides immediate financial relief, allowing you to cover living expenses, medical bills, or any other urgent costs without waiting for the case to settle.

No-Risk Repayment: One of the key features of pre-settlement advances is that they are non-recourse. This means if you do not win your case or receive a settlement, you are not required to repay the advance. Repayment is only required if you win your case or settle out of court, and it comes directly out of the settlement amount.

Settlement and Repayment: Once your lawsuit is settled or a judgment is awarded in your favor, the repayment of the advance, along with any associated fees and interest, is taken from the settlement amount by your attorney and paid to the funding company. The remainder of the settlement after repayment goes to you.

Pre-settlement advances provide crucial financial support during what can be a lengthy legal process, ensuring that you can sustain yourself without having to worry about immediate financial pressures. This allows you to focus on your recovery and case, rather than how to pay the next bill.

Will We Run Any Inquiries On Your Credit?

At our company, we take a unique approach to providing financial assistance through pre-settlement advances. Understanding the stress and uncertainty that can accompany legal proceedings, we ensure that the process of obtaining an advance is as straightforward and unobtrusive as possible. Unlike traditional lending institutions, we do not run any credit inquiries nor do we ask about your credit score. Your financial history remains private, and your credit score unaffected.

Our focus is solely on the merits of your case. We assess the strength and potential outcome of your legal claim to determine eligibility for an advance. This method allows us to provide support based on the expected settlement or judgment of your case, not your financial past. This approach ensures that you can secure the funds you need to navigate your lawsuit, concentrate on your recovery, and maintain your lifestyle without the worry of credit-related qualifications. Our commitment is to offer a helping hand during your time of need, basing our support entirely on the strength of your case.

Is there any collateral that I must provide?

No, you are not required to provide any collateral when applying for a pre-settlement advance with us. Our financial support is uniquely designed to offer you relief without the typical requirements of traditional loans. This means that the funding we provide is based solely on the merits and potential outcome of your legal case, rather than any personal assets or collateral.

In the event that your case does not result in a favorable outcome, and you do not win your lawsuit or receive a settlement, there is no obligation for you to repay the advance. Our pre-settlement funding is non-recourse, which ensures that you owe nothing if you lose your case.

Repayment is only required once your settlement has been finalized. If you win your case or reach a settlement, the repayment of the advance, along with any associated fees, is deducted from the settlement amount. This process is handled directly between your attorney and our company, simplifying the repayment process for you. Our goal is to provide financial support during your legal process without adding financial risk or burden to you, allowing you to focus on your recovery and case outcome.

Testimonials

During one of the most challenging periods of my life, Pre-Settlement Lawsuit Advances for Injured Parties was a beacon of hope. After my accident, I was overwhelmed with medical bills and living expenses, with no income to cover them. Their team provided me with the financial support I desperately needed, without any upfront costs. The process was straightforward, and their compassionate approach made me feel valued and understood. Thanks to their help, I was able to focus on my recovery without the added stress of financial ruin. I cannot express my gratitude enough for their timely assistance and for standing by me when I felt alone in my struggle.”

—Dave Waller

I never imagined finding myself in a situation where I would need financial assistance because of a personal injury lawsuit. The uncertainty was daunting, but Pre-Settlement Lawsuit Advances for Injured Parties changed everything for me. They offered me a lawsuit advance without requiring any repayment unless I won my case. This not only relieved my immediate financial pressures but also gave me the confidence to pursue my case more vigorously, knowing I didn’t have to settle for less just to pay my bills. Their low interest rates and no-credit-check policy were truly a lifeline. I’m deeply thankful for their support and highly recommend their services to anyone in a similar situation.

—Brandon Chapman