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Pre-Settlement Lawsuit Funding Overview
Is your plaintiff desperate for cash, willing to settle for less than they're due?"
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| Pre-Settlement Lawsuit Funding is a cash advance given to the plaintiff of a personal injury cases arising from the negligence of others. It’s not a loan, and interest isn’t earned. If the lawsuit is lost, the plaintiff does not repay the advanced funds. |
Desperate Financial Condition
Not only could the plaintiff be suffering from physical injury, but with the loss of full income, medical bills, special equipment, and legal costs, the injured party too often ends up in a desperate financial condition. Yet more to the plaintiff’s disadvantage, the defendant and their legal council know that the longer they can delay a case, the more likely the plaintiff will settle for a lesser amount. Delays raise costs, wipe out savings that the injured party may have had, and result in cash desperation.
Lawsuit Funding may be the Solution!
The amount advanced depends on the projected award for the case. Due to the high risk assumed by the funding source, yet potential high return in a successful settlement, this arrangement can result in a great benefit to the plaintiff. Plus, it provides needed funds to sustain legal council through the court delays. |
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Benefits
- Helps the injured plaintiff pay medical bills, housing, etc, while waiting for a reasonable settlement/judgment.
- Encourages the plaintiff with needed funds to hold out for a more favorable judgment, rather than settling for a lesser amount out of court.
- Helps maintain the case effectively through the necessary stages of litigation and appeals, when the client may not otherwise have the financial resources to withstand such delays. (See Judgement Financing)
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Quick Funding!
Expedited Capital Funding will work with specialized funding sources that understand litigation claims and are able to structure lawsuit financing that will meet your immediate needs and long-term goals, assuming your case meets their minimum criteria. Once accepted by the funding source, funds are granted quickly.
Other Great Features and Benefits
See Features and Benefits to learn how great this financing option can work for your clients. Non-recourse, flexible funding options, no monthly repayment, plus other benefits for your client."
If you or a loved one is in this most difficult situation, contact us so that we can get to work in securing the financial resources you need to fully prosecute your case without all the financial pressure to settle prematurely. |
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